Austrian Public Deficit up to 4.6%

BusinessEconomy ♦ Published: April 1, 2011; 06:50 ♦ (Vindobona)

Public Finance 2010: Public deficit at 4.6%, public debt at 72.3% of GDP

Austrian Public Deficit up to 4.6% / Picture: © Vindobona.org

In 2010, public finances in Austria were still strongly affected by the economic and financial crisis. The provisional data for the year 2010 show the Maastricht Deficit at 4.6% (13.2 bn. Euro) and the Maastricht Debt at 72.3% (205.2 bn. Euro). Against 2009, the deficit shows an increase by 0.5% percentage points to 4.6% (2009: 4.1%). The public debt increased by 2.7 percentage…