Public debt in the euro area increased slightly in the first quarter

LUXEMBOURG. Public debt in terms of economic performance has slightly increased to 86.8% of the gross domestic product (GDP) of 86.7% of GDP over the last three months in the euro area in the first quarter of 2018.

In the European Union (EU) According to Eurostat, the debt fell to 81.5% of GDP against 81.6% of GDP

. Compared with the first quarter of 2017, debt fell in both regions – in the euro area of ​​89.2% of GDP and in the EU. 83.6% of GDP

The highest debt in terms of economic performance was registered by Greece (180.4%), followed by Italy (133.4%) and Portugal (126.4%). , 4%) at the end of the 1st quarter of 2018.. On the contrary, the lowest debt was in Estonia (8.7%), Luxembourg (22.2%) and Bulgaria (24.1%)

. Public debt fell to 50.8% 9% of GDP at the end of Q4 2017.

Compared to the last quarter of 2017, 12 EU Member States recorded a debt-to-GDP ratio of 16 and a drop. Belgium (-2.9 percentage points), Greece (+1.8), Italy (+1.6), Slovenia (+1.4) and the Czech Republic (+1.1 ) have increased steadily

Latvia (-4.4 percentage points), Lithuania (-3.5), Cyprus (-2.8) and Sweden (-2.6) have dropped significantly.

In the first quarter of 2018, it reached the adjusted season of the general government deficit in the euro area by 0.1% of GDP after 0.6% of GDP in the last three months of 2017 and from EU of 0.5% of GDP after 0.6% of GDP