Irish government debt four times pre-crisis level, NTMA says

ArticleDebt crisisAugust 15, 2017 - 7:37:28 AM

The country’s general government debt is €200bn — four times the level it was in 2007, before the crisis hit and the country’s banking sector collapsed, the NTMA said at the launch of its 2016 annual report and half-yearly update.

How indebted is Ireland? After a sobering Monday briefing from the country’s National Treasury Management Agency, let us count the ways.

The country’s general government debt is €200bn — four times the level it was in 2007, before the crisis hit and the country’s banking sector collapsed, the NTMA said at the launch of its 2016 annual report and half-yearly update.

Source : FinancialTimes

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