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BUSINESS IN SHORT

Debt up by €300 million in Q4 2011

NET DEBT in the Slovak economy rose by €300 million in the final quarter of 2011, according to the country’s central bank, the National Bank of Slovakia, the TASR newswire reported.

NET DEBT in the Slovak economy rose by €300 million in the final quarter of 2011, according to the country’s central bank, the National Bank of Slovakia, the TASR newswire reported.

“This deterioration represented 1.9 percent vis-a-vis GDP for that quarter,” said the central bank.
While net debt was 0.9 percent higher quarter-on-quarter it fell by 1.8 percent year-on-year.

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