Madrid Debt Relief Deal Announced

The Madrid regional government has significantly reduced its debt to Quirónsalud, a private hospital group, through a deal negotiated by regional president Isabel Díaz Ayuso. The reduction amounts to €577 million over seven years, decreasing the region's debt from €1.004 billion in 2019 to €427 million by 2025. This move reflects a shift in financial strategy and raises questions about the long-term sustainability of the debt reduction.

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