How do we owe |
EUR mil. | Per capita | Per working person | Annual change |
|---|---|---|---|---|
| Bonds and Treasury Bills | 32 776 | 6 061 | 14 073 | 21,2% |
| Treasury Bills | n.a. | n.a. | n.a. | n.a. |
| Government Bonds | 32 776 | 6 061 | 14 073 | 26,5% |
| Loans, financial liabilities, EFSF | 3 297 | 610 | 1 416 | 19,5% |
| Loans, other financial liabilities | 1 573 | 291 | 675 | -36,7% |
| Guarantees issued for EFSF | 1 724 | 319 | 740 | 898,8% |
| Debts of hospitals | n.a. | n.a. | n.a. | n.a. |
| Deposits in State Treasury | n.a. | n.a. | n.a. | n.a. |
| Total public debt (Maastricht debt) | 37 245 | 6 887 | 15 992 | 24,5% |
The process of debt accumulation of the state and of the municipalities varies greatly. The state issues government bonds and shor-term treasury bills while local governments are usually leveraged by commercial banks through standard loans. Since 2011 new item has been added - obligations to the EFSF - which raised our debt as well.