The European Union (of debt)

by finansakrobat


Today Eurostat released their update on the Euro Zone:​

At the end of the second quarter of 2012, the government debt  to GDP ratio  in the euro area  (EA17) stood at 90.0%, compared with 88.2% at the end of the first quarter of 2012.

In the EU27 the ratio increased from 83.5% to  84.9%. Compared with the second quarter of 2011, the government debt to GDP ratio rose in both the euro area (from 87.1% to 90.0%) and the EU27 (from 81.4% to 84.9%). These data are released by Eurostat, the statistical office of the European Union.

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