Greek debt reaches 175.7% of GDP

The State debt of Greece stood at 175.7% of the Greek Gross Domestic Product at the end of 2013, which means it amounted to 321.47 billion euros.
 
The draft budget for 2014 provided that the debt at the end of 2013 should result in 325.90 billion euros.
 
According to the Public Debt Management Agency (PDMA), the Central State debt amounted to 321.47 billion euros in December 2013 against 321.8 billion euros at the end of September 2013.
 
The PDMA report shows that 71.5% of the debt is related to loans with a floating rate, 28.5% is from fixed rate loans and 71.6% (230.17 billion euros) is in the hands of the official sector.
 
The cash resources of the Greek State amounted to 4.03 billion euros in December 2013 compared to 7.5 billion euros in late September 2013. The Greek State guarantees amounted to 17.8 billion euros in December 2013 compared to 18.6 billion euros at the end of September 2013.