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CESEE Countries Show More Fiscal Discipline

Published: July 22, 2013; 16:56 · (Vindobona)

Euro area government debt up to 92.2% of GDP. EU27 debt up to 85.9%. The debt increase in Hungary, Poland, Bulgaria, Romania and the Baltic countries was very decent or even negative.

CESEE Countries Show More Fiscal Discipline / Picture: © Flickr

At the end of the first quarter of 2013, the government debt1 to GDP ratio2 in the euro area3 (EA17) stood at 92.2%, compared with 90.6% at the end of the fourth quarter of 2012. In the EU273 the ratio increased from 85.2% to 85.9%. Compared with the first quarter of 2012, the government debt to GDP ratio rose in both the euro…

This article includes a total of 430 words.

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