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Hungary state debt drops to 74.5 pc of GDP at end-2017

January 2nd, 2018

Hungary's state debt as a percentage of GDP declined to 74.5 percent at the end of last year, according to preliminary data, Economy Minister Mihaly Varga said on Tuesday. The debt -- calculated according to the European Union's Maastricht rules -- dropped from 76 percent at the end of 2016, he said. State debt as a proportion of GDP stood at 72.4 percent at the end of Q3, the latest data from the National Bank of Hungary show.


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