Thursday
26 April 2018
ADVERTS

European debt to GDP ratio soars to 89,5%

20 July 17 - RE+D Magazine
European debt to GDP ratio soars to 89,5%

COMPANIES

ETAD.A.E.

Public entity - GREECE

ΕΡΡΙΚΟΣ ΑΡΩΝΕΣ

Investment - GREECE

Eurobank Property Services

Consultant - GREECE

PEOPLE

Dimitris Andritsos

CEO of Eurobank Property Services S.A Eurobank Property Services
At the end of the first quarter of 2017, the government debt to GDP ratio in the euro area (EA19) stood at 89.5%, compared with 89.2% at the end of the fourth quarter of 2016.

 

In the EU28, the ratio also increased from 83.6% to 84.1%.

Compared with the first quarter of 2016, the government debt to GDP ratio fell in both the euro area (from 91.2% to 89.5%) and the EU28 (from 84.3% to 84.1%).

The  highest  ratios  of  government  debt  to  GDP at  the  end  of the  first  quarter  of  2017 were  recorded  in Greece (176.2%), Italy (134.7%)  and Portugal(130.5%),  and  the  lowest  in Estonia (9.2%), Luxembourg (23.0%)  and Bulgaria (28.6%).

Compared with the first quarter of 2016, eight Member States registered an increase in their debt to GDP ratio at the end of the first quarter of 2017, and nineteen a decrease.

The highest increases in the ratio were recorded in Latvia (+2.7pp) and Poland (+2.2pp),  while  the  largest  decreases  were  recorded  in the Netherlands(-4.7pp), Germany (-4.0pp), Austria (-3.8 pp), Malta (-2.9pp)and Denmark(-2.7pp).

Comments

You must be logged in to make a comment
WAVE MEDIA OPERATIONS IKE © 2001-2017
Internet Business Hellas