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Austrian Government Debt Stands at € 214bn
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Austrian government debt in relation to GDP declined slightly to 71.6%. Social insurance carriers reduced their debt by 49.5%.
Austrian Government Debt Stands at € 214bn / Picture: © Vindobona.org
According to the latest calculations by Statistics Austria, government debt amounted to € 214.1bn or 71.6% of GDP on 30 September 2011. Government debt thereby is € 10.7bn higher than in the third quarter of 2010, which corresponds to a decrease of 0.3 percentage points of GDP. By finance instruments, € 179.4bn of government debt were securities other than shares, whereas €…
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