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Sovereign debt significantly increased to 385 billion at the end of June

The national debt has been since the beginning of February to the end of the previous month, with 61 billion euros has increased up to 385 million euros. In the

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Sovereign debt significantly increased to 385 billion at the end of June

The national debt has been since the beginning of February to the end of the previous month, with 61 billion euros has increased up to 385 million euros. In the first two months of the year, the debt is still on the coronacrisis led to a sharp increase in reports to the Dutch Central Bureau for Statistics (CBS) on Friday.

"The last of the debt in such a short period of time so as to quickly increase by the end of 2008, just as it is today, as a result of the emergency," according to CBS. "In the statement of financial position of the Government in the past months and is quickly deteriorating."

The government got far less money, and in the first half of the year to eur 13 billion compared with the same period of the previous year. This is mainly because, as a result of the coronacrisis a lot less tax was being collected. Partly because of given delay, and partly due to the decline in economic activity.

as of The expenditure in the period up to and including June, just much higher. "With the full package of measures is estimated to be in the cabinet at the end of June in the amount of 38 billion euros," says the CBS. This includes the 1 billion euros that KLM will be arranged.

as Of NOW, Tozo, and TOGS, and the aid to lost earnings and to compensate, it is now more than 10 billion euros will be paid. The deficit on the current account balance out at 12.2 billion euros by the end of June, compared with a surplus of almost € 22 billion in February of this year.

"the Fact that the deficit has caused the State to borrow in order to finance it, and, as a result of the debt," says economist Frank Notten of the netherlands, in a commentary.

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