Austrian Government Debt Quota Declining Slightly

Business › n.a. ♦ Published: February 6, 2012; 13:09 ♦ (Vindobona)

Euro area government debt down to 87.4% of GDP in the third quarter 2011 compared with second quarter 2011.

Austrian Government Debt Quota Declining Slightly / Picture: © Vindobona.org

At the end of the third quarter of 2011, the government debt to GDP ratio in the euro area (EA17) stood at 87.4%, down compared with 87.7% at the end of the second quarter of 2011. In the EU27 the ratio increased from 81.7% to 82.2%. Compared with the third quarter of 2010, the government debt to GDP ratio rose in both the euro area (from 83.2% to 87.4%) and the EU27 (from 78.5% to…

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