By end-May 2007 long-term liabilities amounted to 13,728.2 mln euros (67.3% of total debt), and short-term liabilities came to 6,656.2 mln euros (32.7% of total debt).
General Government external debt stands at 3,083.7 mln euros (11.5% of GDP) as of end-May 2007 decreasing by 581.5 mln euros (15.9%) against the end of December 2006. The decrease is mainly due to repayment of global bonds and to the repayment of the total debt to the International Monetary Fund ahead of schedule.
Banks’ external debt climbed to 3,432.4 mln euros (12.8% of GDP) up 1.5% or 51.3 mln euros against the end of 2006. Other Sectors’ debt stood at 7,720.4 mln euros, which is up by 694.3 mln euros, or 9.9% since the end of 2006. As of end-May 2007 the stock of Direct Investment liabilities was 6,147.9 mln euros, up 9.8%, or 550.4 mln euros against the end of 2006.
In January – May 2007 gross external debt service rose to 2,371.7 mln euros (8.9% of GDP) against 1,653.7 mln euros (6.6% of GDP) for the respective period in 2006.
In January – May 2007 loans and deposits received from nonresidents came to 2,446.9 mln euros (9.2% of GDP) compared to 3,365.3 mln euros (13.4% of GDP) for the same period in 2006.
As of end-May 2007 net external debt was 7,386.9 mln euros (27.6% of GDP) or 23.7% up against the end of 2006 when it amounted to 5,970.5 mln euros ( 23.8% of GDP).