Slovakia sees state debt dipping to 54.3pc/GDP by year-end

PRAGUE: Slovakia's national debt will drop to 54.3 percent of gross domestic product at the end of the year from 58 percent at the end of the second quarter, the government's Institute for Financial Policy said on Wednesday.

It said the drop - corresponding to 2 billion euros -- would come from bond and treasury bill repayments and repurchases.

The institute said the total government debt in the euro zone country stood at 41.6 billion euros at the end of the second quarter, and was forecast to fall to 39.6 billion at the end of the year.

That will still be an increase from 37.2 billion, or 52.1 percent of GDP, at the end of 2012.