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Public Debt: CESEE Countries Below EU Average
Politics ♦
Published: October 23, 2013; 18:46 ♦ (Vindobona)
At the end of the first half of 2013, the EU public debt quota reached 86.8% of GDP. Western Europe´s public debt level is significantly higher than in Eastern Europe.
Public Debt: CESEE Countries Below EU Average / Picture: © Vindobona.org
According to Eurostat, government debt to GD reached 86.8% of GDP at the end of the second quarter compared to 85.9% at the end of the first quarter.
In general, there is more fiscal discipline in the CESEE countries than in the other EU countries. With a public debt quota of of 18.5%, Bulgaria ranks second. Romania´s public debt quota reached 38% of GDP at the end of the first…
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