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Helgi's Point - Interest Payments On Government Debt


Language: Czech / English
Provider: 2013
Pages: 3

 

Interest payments include interest payments on government debt including long-term bonds, long-term loans, and other debt instruments to domestic and foreign residents.

Although the European Union pays around 5% of its government expenditure on interest payments on average (half of the US level), there are big differences between the EU members. Italy has to put aside 10% of its government expenses, compared to Germany's 5% and Finland's mere 3%.

Turkey, with 18%, or India, with 21% of government expenses, are on another level still.

Economy | Czechia | May 09, 2013
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