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MNB: Hungary's Maastricht debt unchanged at 77.3% of GDP at end of 2014

Telco

Hungary's gross consolidated government sector debt, calculated at nominal value, in line with Maastricht methodology, reached 77.3% of GDP at the end of 2014, unchanged from the end of 2013, a first reading published by the National Bank of Hungary (MNB) today reveals.

In nominal terms, gross consolidated government sector debt rose HUF 1,436 bln in one year to HUF 24,521 bln at the end of 2014.

The net issues raised government debt by HUF 848 bln, the weakening of the forint raised government debt by HUF 530 bln, and other volume changes added an additional HUF 58 bln.

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