How do we owe |
EUR mil. | Per capita | Per working person | Annual change |
|---|---|---|---|---|
| Bonds and Treasury Bills | n.a. | n.a. | n.a. | n.a. |
| Treasury Bills | n.a. | n.a. | n.a. | n.a. |
| Government Bonds | n.a. | n.a. | n.a. | n.a. |
| Loans, financial liabilities, EFSF | n.a. | n.a. | n.a. | n.a. |
| Loans, other financial liabilities | n.a. | n.a. | n.a. | n.a. |
| Guarantees issued for EFSF | n.a. | n.a. | n.a. | n.a. |
| 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) | 42 374 | n.a. | n.a. | 4,3% |
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.