ADVERTISEMENT

Croatia's end-June gen gov't debt climbs

Debt

Image by Shutterstock.com

Croatia's general government debt stood at 86.1% of the gross domestic product (GDP) at the end of June, up 3.5 percentage points compared to the end of June last year, when it equaled 82.6% of the GDP, the central bank said on Wednesday.

However, compared to the previous quarter, when the general government debt-to-GDP ratio was 90%, it declined by 3.9 percentage points, the central bank said in a statement.

According to final data, the overall consolidated debt of all sub-sectors of the general government stood at HRK 340.8 billion (EUR 45.4 billion) at the end of June, up by HRK 11 billion, or 3.4% yr/yr, and by HRK 300 million, or 0.1%, compared to the end of March.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.