Public debt above 60% of GDP

In 2015, Finland’s public debt exceeded the 60% limit determined in the European Union’s stability and growth pact. Public debt grew by nine billion euros to EUR 130.7 billion, Verkkouutiset writes. According to Statistics Finland, it was 63.1% of Finland’s gross domestic product last year. The debt in state administration grew by EUR 5.8 billion, in local administration by 0.8 billion and in social security funds by 0.9 billion.

Media:  Verkkouutiset

Date: 16.3.2016

Journalist: Heikki Jantunen

Main source: –

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