Foreign debt down in Q1

Poland’s total foreign debt stood at PLN 275.5 billion in the first quarter of 2014, according to data published by the National Bank of Poland. In Q4 2013 the amount was PLN 276.76 billion. Long-term debt stood at PLN 222.69 billion compared to PLN 221.96 billion in the previous quarter. Short-term debt was at PLN 52.82 billion compared to PLN 54.8 billion. Debt attributed to enterprises amounted to PLN 109.57 billion, while that attributed to banks was at PLN 48.88 billion and the general government sector generated debt worth PLN 112.42 billion.