Government debt rises by €11bn in first quarter

The Irish Government Debt rose by over €11bn in the first quarter.

Government debt rises by €11bn in first quarter

The Irish Government Debt rose by over €11bn in the first quarter.

New figures released by the Central Statistics Office this morning show the Gross Debt now stands at €204bn - compared to €192bn in the fourth quarter of 2012.

They also show the Government deficit is €360m higher than it was at the same point last year. It now stands at €5.38bn.

The CSO said that is because of interest expenditure - as well as payments linked to liquidation of the former Anglo Irish Bank.

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