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Romania and Bulgaria Have Lowest Debt Ratios

Published: October 21, 2013; 22:28 · (Vindobona)

With a public debt to GDP ratio of 18.5%, Bulgaria has the second lowest public debt quota in the EU.

Romania and Bulgaria Have Lowest Debt Ratios / Picture: © Flickr

In 2012, the government deficit1 of both the euro area (EA17) and the EU282 decreased in absolute terms compared with 2011, while the government debt1 rose in both zones. In the euro area the government deficit to GDP ratio decreased from 4.2% in 20113 to 3.7% in 2012 and in the EU28 from 4.4% to 3.9%. In the…

This article includes a total of 312 words.

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