Austrian Government Debt Stands at € 214bn

BusinessEconomy ♦ Published: December 30, 2011; 12:57 ♦ (Vindobona)

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: ©

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 €…