At the end of the 1^st quarter 2017

Gross debt of the Regional Administration of Madeira stood at 4.959 billion Euros

The gross debt of the Regional Administration of Madeira stood at 4.959 billion Euros at the end of the 1^st quarter 2017, increasing by 46 million Euros (0.9%) from the year-ago quarter and by 120 million Euros (+2.5%) from the previous quarter.

The quarterly increase is explained by the restructuring of the swap operations of public enterprises of the Regional Administration of Madeira and also by new debt regularisation agreements.

The breakdown of the gross debt by financial instrument shows a decrease in the share of loans from 81.2% in the 1^st quarter of 2016 to 77.5% in the reference quarter. This decline was offset by the growth in the percentage of securities which, during the same period, rose from 18.8% to 22.5%. 

Regional Directorate of Statistics of Madeira releases data on Net Debt

From this quarter onwards, the Regional Directorate of Statistics of Madeira (DREM) will release data on net debt in the Autonomous Region of Madeira, on its official statistics website, which stood at 4 677 billion Euros in the end of the 1^st quarter 2017. Compared to the same quarter of 2016, the net debt increased by 3 million Euros and it rose by 104 million Euro over the previous quarter.

Notes:

Debt compiled according to the definition of the Excessive Deficit Procedure (Regulation (CE) 479/2009, of 25 May), i.e., general government consolidated gross debt at nominal or face value (Maastricht debt).

Net debt of deposits corresponds to Gross Debt (Maastricht debt) minus the deposits in resident banks.

Back

• Prev
• Next