Czech national debt exceeds CZK 3 trillion for first time

The Czech national debt increased to CZK 3.044 trillion in the first half of this year, crossing the three trillion crown mark for the first time ever. Since the beginning of this year, the debt has increased by CZK 149.6 billion and amounted to 42.8 percent of GDP, the finance ministry announced on Friday. If the national debt were to hypothetically be divided among the population, this would mean that each person had a debt of CZK 280,574, the Czech News Agency notes.

Author: Anna Fodor