Sponsored Content
Massive Increase in Public Debt
Politics ♦
Published: February 10, 2011; 00:56 ♦ (Vindobona)

Sponsored Content
Austrian public debt could rise dramatically soon by a new calculation involving separate legal entities.

Austria is currently in negotiations with representatives of the EU statistical office, Eurostat. Depending on the results of the negotiations, the official debt of the Republic might increased significantly. Currently, the debt ratio amounts to 70% of the GDP.
This is due to the separate state infrastructure legal entities, such as the federal railways ÖBB and the motorway…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
ÖBB CEO Kern Closes In on Politicians (February 4, 2011)
"Austria Does Not Deserve an AAA Rating" (January 28, 2011)
Budget-saving Measures in Austria are Insufficient (January 25, 2011)
Increase of Debts Slows Down at Asfinag (January 3, 2011)
Massive Rise of Debt in the Public Sector (December 31, 2010)
WIFO Director: "Crisis was not Taken Advantage of to Introduce Reforms" (December 30, 2010)
Sponsored Content
Read More