Energy debt burden looms large in Spain’s deficit reduction push

Besides its many other budgetary worries, the new Spanish government has to solve the issue of a €24-billion debt in the energy sector.
Besides its many other budgetary worries, the new Spanish government has to solve the issue of a €24-billion debt in the energy sector.
The new prime minister has kept his cards close to his chest on most issues, including plans for the energy industry. But we already have some clues regarding how Rajoy will handle the sector once he is in power.