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

Debt

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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.

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