Economy minister discusses austerity drive with top EU official

The transcript discusses the absence of a request from Spain for assistance, the readiness of the Commission to act if needed, and the fiscal deficit goals that are within reach for Spain. It also covers the specifics of banking aid, its impact on debt, and the measures affecting public debt and GDP percentage.

What is the expected impact of the measures discussed on the public debt ratio?

What percentage of GDP will all administrations be reduced to according to the speaker?