debt

Croatia's public debt cut to EUR 38b at end of May

Public debt over five months in 2016 was cut by HRK 4.6 billion. The internal debt went up HRK 2.7 billion, while the foreign debt fell HRK 7.3 billion.

Tsipras calls for debt reduction, WWII reparations from Germany

Greek Prime Minister Alexis Tsipras is demanding a further reduction of state debt and an easing of what he sees as dictated austerity measures from Germany.

Foreign debt in April drops over 10 pct annually

According to the latest central bank figures, the gross foreign debt amounted to EUR 44.4 billion at the end of April 2016, up 0.2% on the month but down 10.6% on the year, Raiffeisenbank Austria...

Eurostat: Croatia among EU members with largest decrease of government debt

Croatia's government debt at the end of first quarter of 2016 amounted to HRK 188,35 billion which is HRK 4.7 billion or 1.6% less on the year, the statistical office of the European Union...

Croatia's gross foreign debt in February down to EUR 44.6 bn

Compared to January this year, the gross foreign debt dropped by EUR 809.5 million. The central government debt dropped the most, by EUR 704.6 million, while the debt of other monetary financial...

Public debt totals EUR 38.7b at end of Feb

At the end of February 2016, Croatia's public debt totalled HRK 289.7 billion, HRK 1.5 billion less on the month but HRK 4.2 billion more on the year (+1.5%), the central bank (HNB) said on...

Mozambique's secret debt rocks relations with donors

Mozambique's relations with donors have been rocked by a revelation that the government had taken dubious loans worth more than 2 billion dollars for three companies.

IMF urges eurozone to begin debt relief talks with Greece

The International Monetary Fund has urged eurozone governments to enter debt relief negotiations with economically shattered Greece, a spokesman for the Washington-based crisis lender confirmed to...

FinMin: Statistics send clear message to EC, rating agencies

"As we said at the start of our term (at the beginning of this year), in 2016 we have two main economic goals - stepping up economic growth and employment and stabilising public finance," Maric...

Croatia in group with France, Austria concerning deficit, debt

Croatia's budget deficit of -3.2% in 2015 puts it among the European Union member-states that have failed to downsize their budget gap below 3% of GDP.

HUP, HGK urge immediate action to remove macroeconomic imbalances

The HUP official said that the figures showed that some headway had been made last year regarding the reduction of the budget deficit, but not regarding the public debt.

Greek deficit, debt better than expected in 2015, new data shows

Greece's public deficit and debt were lower than expected in 2015, new data released Thursday showed, as the crisis-battered country is locked in bailout negotiations with its international...

Analyst pleasantly surprised by budget deficit level

The chief economist at Societe Generale Splitska Banka, Zdeslav Santic, on Thursday welcomed the latest statistics on Croatia's budget deficit and public debt as "a pleasant surprise".

Croatia's 2015 general government deficit at 3.2%, public debt at 86.7% of GDP

General government debt increased by 1.9% in 2015 compared with 2014, 2.5 times less than in 2014. This is the lowest debt growth rate since the introduction of the ESA 2010 methodology in the...

Germany rules out Greek debt relief as Lagarde hits back at Athens

Germany ruled out again on Monday debt relief for cash-strapped Greece following the weekend publication of comments said to be by a top International Monetary Fund (IMF) official criticizing...