Arab Today, arab today german public debt declines slightly in 2013
Last Updated : GMT 12:48:35
Arab Today, arab today
Arab Today, arab today

German public debt declines slightly in 2013

Arab Today, arab today

Arab Today, arab today German public debt declines slightly in 2013

Berlin - XINHUA

German public debt declined slightly in 2013, continuing its path towards the target of a debt-to-GDP ratio of 60 percent in 2017, official data showed on Thursday. At the end of 2013, debt held by German federal, state, municipal governments was 2043.7 billion euros (about 2813.8 billion U.S. dollars), 1.4 percent or 28 billion euros less than a year earlier, said German Federal Statistical Office (Destatis). The decline was mainly due to asset liquidation of two state-funded "bad banks", FMS Wetmanagement and Erste Abwicklungsanstalt (EAA), the Wiesbaden-based office said in a statement. Federal debt decreased to 1281.4 billion euros by the end of 2013. Debt held by state governments were 628.7 billion euros, while those in municipalities remained unchanged at 133.6 billion euros, according to Destatis. Currently, the debt-to-GDP ratio of Germany stands at around 78 percent, above the upper limit required by the Maastricht Treaty. According to the treaty, EU member states have to limit their debt to 60 percent of GDP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german public debt declines slightly in 2013 Arab Today, arab today german public debt declines slightly in 2013

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german public debt declines slightly in 2013 Arab Today, arab today german public debt declines slightly in 2013

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday