Estonia and Bulgaria Record Lowest Public Debt in EU

Business › Economy ♦ Published: January 23, 2013; 13:09 ♦ (Vindobona)

Third quarter of 2012 compared with second quarter of 2012: Euro area and EU27 government debt nearly stable at 90.0% and 85.1% of GDP respectively.

Estonia and Bulgaria Record Lowest Public Debt in EU / Picture: © Vindobona.org

At the end of the third quarter of 2012, the government debt1 to GDP ratio2 in the euro area3 (EA17) stood at 90.0%, compared with 89.9% at the end of the second quarter of 2012. In the EU273 the ratio was 85.1%, compared with 85.0%. Compared with the third quarter of 2011, the government debt to GDP ratio rose in both the euro area…

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