Public debt increased in Q3 - Eurostat

The central and local government debt rose to PLN 831.33 billion at the end of Q3 2014, up from PLN 821.34 billion three months earlier, Eurostat reported. The debt stood at PLN 930.5 billion at the end of the same quarter of 2013. The debt-to-GDP ratio was 48.6 percent in Q3 of 2014 and 56.6 percent in the same quarter in 2013. General government debt of the EU declined from 87 percent of GDP in Q2 to 86.6 percent in Q3, Eurostat informed.