Austrian Borrowing
World Economy

Austrian Borrowing

Austrian borrowers have taken out 29 billion euros ($34 billion) in Swiss franc-denominated debt, with 4% of that amount coming due in the next 12 months, financial regulator FMA said on Tuesday, Reuters said. Another 15% of the total will fall due in one to five years, Financial Market Authority co-head Helmut Ettl told journalists.


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