Germany's Public Debt Falls 1.2% in Q4
Germany's public debt declined 1.2%,
Berlin - QNA
Germany's public debt declined 1.2%, or EUR 24.9 billion, in the fourth quarter, data from Destatis showed Tuesday. The debt owed by the overall public budget to the non-public sector totaled EUR 2,006.5 billion at the end of the fourth quarter.
Based on provisional results, debt declined by 0.8%, or EUR 16.1 billion from the end of 2015. A reduction in debt was reported for all individual levels. The non-public sector comprises credit institutions and the remaining domestic sector and non-domestic sector.
Source: QNA
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