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Maastricht Criteria: Austria in the Middle Field

Published: April 23, 2012; 16:22 · (Vindobona)

In 2011, the government deficit of both the euro area (EA17) and the EU27 decreased in absolute terms compared with 2010, while the government debt rose in both zones.

Maastricht Criteria: Austria in the Middle Field / Picture: © Flickr

In the euro area the government deficit to GDP ratio decreased from 6.2% in 20103 to 4.1% in 2011, and in the EU27 from 6.5% to 4.5%. In the euro area the government debt to GDP ratio increased from 85.3% at the end of 2010 to 87.2% at the end of 2011, and in the EU27 from 80.0% to 82.5%. Austria´s public debt quota is slightly below the average.

In 2011 the largest government…

This article includes a total of 299 words.

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