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Croatia's gross external debt in Oct 2016 down 10% y-o-y

Author: Marija Šestan

ZAGREB, Feb 1 (Hina) - Croatia's gross foreign debt in October 2016 stood at EUR 42.6 billion, or EUR 154.5 million more than in September 2016, however, on the year it was reduced by 9.9% or by EUR 4.7 billion, the Croatian Chamber of Commerce (HGK) reported, projecting that this debt is set to fall below 100% of GDP by the end of 2016, after the gross external debt-to-GDP ratio being above 100% for seven years.

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