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Hungary’s Public Debt Continues To Sink, Report By National Bank Shows

Hungary’s public debt, calculated according to Maastricht rules, stood at 73.9 percent of GDP at the end of December last year, down from 74.3 percent of GDP at the end of September, the National Bank of Hungary (MNB) said on Friday.


In nominal terms, the public debt reached 25,922 billion forints (EUR 84bn) in the fourth quarter. It was slightly up from 25,883 billion forints at the end of the third quarter of 2016. Net repayments decreased the nominal figure by 14 billion forints, but revaluations increased it by 53 billion forints in the fourth quarter.
via MTI and