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.
The debt of cities and municipalities with their external budgets in reported period increased of 6 billion euro to 133.1 billion - an increase of 4.7 percent. The share of loans casual which provide liquidity municipal entities in their total liabilities rose again, this time by 2.1 percentage points to 35.9 percent. - Destatis reported.
Representatives of Poland took part in the international PDAC Convention trade fair in Toronto, one of the world’s most important events for the mining and natural resources sector. The Polish delegation included representatives of the Polska Agencja Inwestycji i Handlu (PAIH), led by the President of the Agency, Andrzej Dycha.
czytaj więcejHow can long-term investments be effectively stimulated through the capital market, and what regulatory changes are needed to achieve this? This was the central question of the debate titled “Stimulating Long-Term Investment through the Capital Market,” held on 26 February during the “Risk and Regulation” seminar in Warsaw at the headquarters of the Urząd Komisji Nadzoru Finansowego.
czytaj więcejNearly 60 hectares of fully serviced investment land located directly next to Port Lotniczy Olsztyn–Mazury in Szymany are waiting for an investor. This is a unique opportunity for businesses seeking a strategic location that combines access to air, road, and rail infrastructure with the growth potential of a dynamically developing region.
czytaj więcejThe Województwo mazowieckie region has already invested more than PLN 55 billion from European funds and the National Recovery Plan (KPO). As a result, roads, railways, public transport systems, and hospitals are being modernized. Digital, environmental, tourism, and education projects are also being implemented.
czytaj więcejThe EEC Trends conference brought together representatives of business, public administration, and financial institutions to open a debate on the future directions of the Polish and European economies. The Polish Development Fund (PFR) actively participated in the event, addressing topics related to security, new technologies, and the development of the defense industry. The meeting also served as a substantive prelude to the European Economic Congress (EEC), where PFR has announced a strong presence—both through a dedicated zone and expert panels.
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