Definition: This entry records the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Public debt map
Prices in the 19 euro countries fall 0.6 percent annually in January as ECB readies stimulus
FOX News - 1/30/2015 10:53:37 AM
The figures showed a wide diversity between countries. Germany, the eurozone's biggest economy, had a rate of only 4.8 percent. Greece, still recovering from a crisis over too much government debt ... government spending and public jobs.
World's 10 freest economies, India lags behind
Rediff India Abroad - 1/29/2015 6:37:06 AM
Hong Kong is the world’s freest economy according to the Index of Economic ... The highlights of the economy include monetary stability, low public debt, and a vibrant employment market. Efficient business environment, diversified economic growth ...
It's time the government stopped trying to run the country like a private company
The Canberra Times - 1/29/2015 11:55:03 PM
In the business world, knowingly lying to your investors ... are the exact opposite of good private sector practice. Running a country is far harder than running a big company. While public companies are by law required to focus on the narrow measure ...
Ukraine’s ability to fight separatist forces is tested by economic and military challenges
Washington Post - 1/31/2015 7:56:27 PM
The country’s economy is reeling from rampant inflation, worsening debt and a currency that lost more than half its value in the past year. The public is increasingly ... the largest military complexes in the world. “We have problems, not only material ...
EU to Greece: ‘No question of cancelling debt’
RT - 1/29/2015 4:59:52 PM
The EU is not going to write off the external debt of Greece, as the country should ... if we say a new world was born after the elections. We respect the right of Greece to choose, but Greece has to respect others, to respect public opinion and members ...
These fund managers still see value in Greek debt after Syriza’s win
Financial Post - 1/28/2015 1:54:56 PM
Pacific Investment Management Co. and hedge fund Greylock Capital Management say the election of the anti-austerity Syriza party in Greece hasn’t dimmed their appetite for the country’s bonds. Syriza won after promising a writedown of public debt and ...
The Country That Refuses to Bow Down to Western Bankers
Alter Net - 1/30/2015 5:45:48 AM
MS: Ever since the end of 2009 when the story of Greece’s sovereign debt crisis began to unfold, austerity-pushing political leaders around the world have been saying that their country must not ... a distinct Eurozone-wide public investment fund which ...
Germany's Merkel says she doesn't see another Greek debt cut
Public Opinion - 1/31/2015 5:30:18 AM
BERLIN (AP) — German Chancellor Angela Merkel is underlining the refusal of Greece's European creditors to consider forgiving part of the debt-ridden country's rescue loans though stressing that Berlin's aim remains to keep Greece in the eurozone.
UN Commission: Cancel Debt for Ebola Countries; West Africa Needs Debt Relief for Economy
Indy Bay - 1/30/2015 8:47:45 PM
Guinea, where the outbreak began, spent more money on debt than on public health in the year before the epidemic began. All three countries have poverty rates ... $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org
Surge in dollar-debt leaves some African nations exposed: think tank
Yahoo News - 1/28/2015 7:28:24 AM
That remains small relative to regional GDP measured by the World Bank at more than $1.6 trillion. But some countries are more exposed after heavy issuance in 2014. Ghana's overall debt to GDP rate ... spent heavily on hefty public sector pay increases ...
The debt write-off behind Germany's 'economic miracle'
France 24 - 1/29/2015 4:52:43 PM
“It is only thanks to the United States, which sacrificed vast amounts of money after both World War I and ... bailout money made it into public spending, with the rest going to debt repayment. What little money the country made was used to service ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
Yahoo Finance - 1/28/2015 8:42:58 PM
Nobody wants to see debt forgiveness.” Officials of Tsipras’s party like to point to Germany after World War II ... He has pledged to boost public spending, raise the minimum wage and roll back changes to the country’s labor regulations.
Germany Rejects Idea of Greece Debt Writedown
News Week - 1/31/2015 1:22:45 PM
BERLIN/HELSINKI (Reuters) - German Chancellor Angela Merkel ruled out a debt ... told public broadcaster YLE. Merkel said the ECB's Jan. 22 decision to pump billions of euros into the euro zone with a bond-buying program did not mean countries would ...
National debt threatens our future
The Commons Online - 1/28/2015 4:46:44 PM
The public debt will become one of the major challenges for United States politics in the near future. Facing it will have to lead to changes of American policies and how the country leads in world policy. Priorities have to be set, and compromises have to ...
The US debt pile that just keeps on growing
Gulf News - 1/28/2015 3:39:20 AM
By the time a reader finishes this column, the US public debt will have increased ... Consequently, many countries will suffer severe losses, particularly China and Japan, the second and third largest economies in the world. This situation will pose ...