Austria: Debt Rate Rises Unstoppably

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The Austrian debt rate increased to 77.1 percent of GDP in the third quarter last year up from 75.2 percent in the previous quarter. The Eurozone’s debt rate, on the other hand, saw a different development with debts dropping slightly from 93.3 to 92.6 percent while in the European Union (EU 28) the debt rate increased marginally from 86.7 to 86.8 percent.

In regard to the…