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Poštová Banka reports Slovakia has 2nd-lowest public debt per capita in the eurozone

Slovakia's public debt calculated per capita currently stands at around €5,000, while the average debt in the European Union reaches about €20,000, according to data published in Poštová Banka's Economic Weekly, the TASR newswire reported. "We [Slovakia] are ranked the fifth-best within the EU and the second-best in the eurozone," wrote Poštová Banka, as quoted by TASR. In terms of debt burden per capita, the heaviest debts in the EU are on the backs of the Irish, Belgians and Italians. The public debt exceeds €30,000 per capita in all of these countries while Estonia is on the other end of the scale with public debt of only €710 per capita, TASR wrote. "We [Slovakia] have the lowest per capita debt within the Visegrad Four," stated the review. In Poland it is more than €5,100, in the Czech Republic it is close to €5,400 and in Hungary it is more than €7,800. Even though Slovakia's public debt rose to 41 percent of GDP last year, the country is in the better half of the EU chart in this respect, according to the report. Greece tops the listing with public debt of 140 percent of GDP.

Slovakia's public debt calculated per capita currently stands at around €5,000, while the average debt in the European Union reaches about €20,000, according to data published in Poštová Banka's Economic Weekly, the TASR newswire reported.

"We [Slovakia] are ranked the fifth-best within the EU and the second-best in the eurozone," wrote Poštová Banka, as quoted by TASR. In terms of debt burden per capita, the heaviest debts in the EU are on the backs of the Irish, Belgians and Italians. The public debt exceeds €30,000 per capita in all of these countries while Estonia is on the other end of the scale with public debt of only €710 per capita, TASR wrote.

"We [Slovakia] have the lowest per capita debt within the Visegrad Four," stated the review. In Poland it is more than €5,100, in the Czech Republic it is close to €5,400 and in Hungary it is more than €7,800. Even though Slovakia's public debt rose to 41 percent of GDP last year, the country is in the better half of the EU chart in this respect, according to the report. Greece tops the listing with public debt of 140 percent of GDP.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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