Hungary’s state debt fell to 68.7 percent of the country’s GDP at the end of June, according to recent data released by the National Bank. At the end of the first quarter, state debt was 70 percent of GDP. The Hungarian constitution requires the year-end debt-to-GDP ratio to fall to 50 percent. The National Bank started publishing separate debt ratios last year with and without data from Eximbank, Hungary’s state-run export-import bank.
