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Croatia's external debt EUR 47.2 billion at end of June

ZAGREB, Sept 28 (Hina) - Croatia's external debt totalled EUR 47.2 billion at the end of June, falling by 0.9 per cent (EUR 434.7 million) from May, and nominally rising by 3.2 per cent (EUR 1.5 billion) from June 2010, according to the latest figures released by the Croatian National Bank on Wednesday.

Croatia's foreign debt increased by 1.4 percent from the end of 2010 to the end of the first half of 2011.

In the second quarter of 2011, it was only commercial banks that intensified their borrowing abroad in comparison to the first quarter, while the government and public and private companies reduced their debts, the latest HNB bulletin reads.

The government foreign debt totalled EUR 6.6 billion at the end of June, with a 14 per cent share in the total foreign debt.

The commercial banks' external debt went up by EUR 1.2 billion in the first six months, reaching EUR 12 billion. It accounted for 25.4 per cent of the total foreign debt.

The foreign debt of other sectors totalled EUR 21.6 billion, making up 45.9 per cent of the total foreign debt.

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