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Austria´s Public Debt Level Continues to Increase
Politics ♦
Published: December 28, 2012; 18:26 ♦ (Vindobona)
The quarterly government debt quota in the third quarter of 2012 has reached 73.7% of GDP. In total, the debt volume reaches € 227bn.
Austria´s Public Debt Level Continues to Increase / Picture: © Vindobona.org
According to latest calculations by Statistics Austria government debt amounted to € 226.6 bn or 73.7% of GDP on 30 September 2012. Government debt thereby is by € 2.2 bn lower than in the second quarter 2012, which corresponds to a decrease of 1.3 percentage points of GDP. By finance instruments € 183.2 bn of government debt were securities other than shares, whereas €…
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