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Austrian Government Guarantees Stand at EUR 112.9 bn

Published: February 10, 2015; 19:45 · (Vindobona)

Newly collected data by Statistics Austria on State guarantees (governmental contingent liabilities, potential obligations and assets) show guarantees of €112.9 bn at the end of 2013 (of which 52% are granted by the state and local government sectors).

Austrian Government Guarantees Stand at EUR 112.9 bn / Picture: © Flickr

First results on governmental guarantees, non-performing loans, liabilities and assets of public corporations; according to Council Directive 2011/85/EU (part of the so-called "Six Pack")

Newly collected data by Statistics Austria on governmental contingent liabilities, potential obligations and assets show guarantees of €112.9 bn at the end of 2013 (of which 52% are…

This article includes a total of 162 words.

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