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20 July 2018, 08:12 Brussels, 20 Jul (PL) Public debt securities increased in the first quarter of 2018 and accounted for 80.8% in the euro area and 81.7% in the euro area. EU, the Statistical Office of Eurostat said today:
The highest levels of public debt relative to gross domestic product (GDP) were recorded in Greece (180.4), Italy (133.4) and Portugal (126.4), while the lowest ratios were observed in Estonia (8.7), Luxembourg (22.2) and Bulgaria (24.1).
In summary, in the comparison with In the last quarter of last year, 22 Member States recorded an increase in their debt relative to GDP and six, a decline, increased Eurostat.
In contrast, the Office He said that in the same period, the public deficit fell by five tenths in countries that share the euro, up to 0.1% of GDP , with the last three months of 2017.
The seasonally adjusted public deficit of the EU contracted from a tenth to the first quarter, up to 0.5% of GDP, and debt also fell by a tenth, to 81.5%.
When badyzing the indicator in interannual terms, Eurostat noted that the euro area fell by one point between January and March compared to the same period of 2017, and the debt of 2.4 points.
Whereas in the EU bloc, the deficit fell by six tenths from the previous year to 1.1% of GDP; but debt declined by 2.1 points, compared with 83.6 in the first quarter of 2017.
mem / tdd
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