Spain May Have Billions Euros of ‘Hidden’ Public Debt.

Far East mkt touting this around the last few hours…

Spain May Have Billions Euros of ‘Hidden’ Public Debt, FT Says

May 17 (Bloomberg) — Spain’s regional and local administrations have “hidden” debt, not included in the official accounts, amounting to about 26.4 billion euros ($37 billion), according to research by Freemarket Corporate Intelligence, a consulting firm, the Financial Times reported.