Czech foreign debt exceeds 2 billion in second quarter

30-09-2013

The Czech Republic's foreign debt grew by 45.3 billion crowns to over 2,02 billion in the second quarter of this year, accounting for 53.1 percent of gross domestic product, the Czech National Bank said on Monday. Year on year, the foreign debt was 97.5 billion crowns higher. Foreign liabilities with an original maturity of more than one year accounted for 74.6 percent of debt liabilities. External liabilities of the corporate sector accounted for 48.7 percent of the total external debt. The private sector is responsible for 46.1 percent of the long-term external debt, while public sector liabilities account for the rest.