General government EMU debt grew further in the first quarter of 2010

The amount of general government EMU debt increased during the first quarter of 2010 by EUR 2.3 billion to EUR 77.7 billion. Of the consolidated general government debt EUR 70.1 billion was central government debt and the remaining EUR 11.5 billion local government debt. General government debt is consolidated debt, which means that it excludes debt items between sub-sectors. For this reason general government debt is smaller than the combined debts of its sub-sectors.

Growth in debt in the first quarter of 2010 was mainly due to increased central government debt. Central government bonds increased by EUR 6.0 billion and short-term money market instrument debt decreased by EUR 3.6 billion. The debt of local government, that is, municipalities and joint municipal boards, remained on level with the previous quarter. Local government debt, which mainly consists of long-term loans, amounted to EUR 11.5 billion at the end of the first quarter of 2010.

General government EMU debt

Source: General government EMU debt, Statistics Finland

Inquiries: Mira Kuussaari (09) 1734 3538, Timo Ristimäki (09) 1734 2324, rahoitus.tilinpito@stat.fi

Director in charge: Ari Tyrkkö

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Appendix tables

General government EMU debt, EUR billion (2.7.2010)

Updated 02.07.2010

Referencing instructions:

Official Statistics of Finland (OSF): General government debt by quarter [e-publication].
ISSN=1799-8034. 1st quarter 2010. Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/jyev/2010/01/jyev_2010_01_2010-07-02_tie_001_en.html