Germany's government debt, including the financial obligations of the federal government, national governments and municipal bodies, was at the end of the first quarter of this year 2.042 billion euro - said on Monday the Federal Statistical Office (Destatis) in Wiesbaden
According to him it is about 42.3 billion euro or 2.1 percent more than a year earlier.
Debts of the federal government and its external budgets (including funds to stabilize financial markets and the funding of depreciation) increased during this period of 12.5 billion euro to 1 286.2 billion - an increase of 1 percent. Financial obligations of the Länder, also taking into account their external budgets, amounted at the end of the first quarter of this year 622.7 billion – about 23.8 billion (4 percent) more than on 31st March 2011.
French Finance Minister Pierre Moscovici said on Monday that the government of Prime Minister Jean-Marc Ayrault estimated that they needed 7-10 billion euro to reduce the budget deficit to 4.5 percent. GDP by the end of the year
Giving an interview TV channel ITEL Moscovici explained that the calculations are estimate, and the ministry "is waiting for official data." The Minister referred to the results of the audit, which he has commissioned to examine in depth the state of public finances - the agency EFE said.
Moscovici said on Monday in an interview that Paris will not achieve fiscal targets for 2012 without saving up these sums, but it will not mean painful budget cuts.
The tender for the expansion of National Road No. 15 between Brodnica and Tama Brodzka has reached the stage of opening bids, revealing which contractors are interested in the project.
czytaj więcejThe offers were revealed in the tender for the construction of the Sztum bypass along National Road No. 55. This is another investment in the Pomeranian Voivodeship under the 100 Bypasses Program 2020–2030 (PB100).
czytaj więcejWe have signed a contract for the design and expansion of National Road No. 25 on the section between Zbiersk and Kokanin. The contractor, Strabag, has 39 months from the signing date to complete the project, which is valued at PLN 484,134,160.50. Drivers will be able to use the new 18-kilometre route in the fourth quarter of 2029.
czytaj więcejThe Wrocław Branch of GDDKiA hosted representatives from the Czech Road and Motorway Directorate (ŘSD) from the Hradec Králové office to discuss the connection between Poland’s S3 expressway and the Czech D11 motorway.
czytaj więcejThe Baltic Sea today plays a crucial role in the energy security of Poland and the wider region. It serves as a key route for oil and gas supplies, hosts underwater power and fiber-optic cables, and is the site of large-scale offshore wind farms that will supply Poland’s energy system in the coming years. With the growing strategic importance of the Baltic Sea and the ongoing war in Ukraine, the scale of threats to critical offshore infrastructure is also increasing.
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