Oops! Typing error adds €10bn to Spain's public debt

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A simple typographical error boosted Spain's 2014 public debt forecast by €10bn (£8.4bn), the government has admitted.

Four days after announcing the national debt figure to the world, the Economy Ministry issued a correction, according to the Daily Telegraph. "It is an erratum," an economy ministry spokeswoman said. It turns out that Spain's public debt in 2014 is expected to be the equivalent of 98.9% of total economic output, not the 99.8% figure that was originally published. The error was not due to a problem in mathematical computations, the spokeswoman said. Rather, the person who typed the number just mixed up the last two digits. The difference may seem minimal, but when dealing with an...

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