Interest on national debt
A total of €179.1 million were paid as interest on the national debt last year, Finance Minister Tonio Fenech said yesterday.
Replying to a parliamentary question by Labour MP Silvio Parnis, Mr Fenech said €180.2 million were paid in 2006, €174.2 million in 2005, €162.1 million in 2004, €146.8 million in 2003 and €148.6 million in 2002.
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A Daley
Jun 26th 2008, 15:32
So in short, within 6 years the Government paid €991,000,000 in interest alone.
At the moment the National Debt stands at around €3,255,000,000.
Where did all those millions come from?
Who actually forked our all those millions?
Any idea what we shall be paying in interest alone for the current year?