Czech public debt up to 42 percent of GDP

The Czech Republic’s public debt rose to over 1.4 trillion crowns, or nearly 80 billion US dollars, in the first six months of this year, according to figures released by the Czech Finance Ministry on Thursday. The debt amounts to just below 42 percent of the country’s gross domestic product. The Czech internal debt rose by 72 billion to 1.1 trillion crowns between January and July while the country’s external debt dropped by 3.2 billion to over 304 billion crowns.