Austrian Public Debt to Rise Further

Politics ♦ Published: June 28, 2013; 11:46 ♦ (Vindobona)

Quarterly government debt first quarter 2013: € 231.6bn or 74.2 % of GDP.

Austrian Public Debt to Rise Further / Picture: © Wikipedia / Congress of Vienna (Jean-Baptiste Isabey)

According to latest calculations by Statistics Austria, government debt amounted to €231.6 bn or 74.2% of GDP on 31 March 2013. Government debt thereby is € 4.1bn higher than in the fourth quarter 2012, which corresponds to an increase of 1.8 percentage points of GDP. By finance instruments, € 189.4bn of government debt were securities other than shares, whereas € 42.2 bn were…

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