Which EU countries have the biggest public debt: unexpected statistics



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A state's debt, that is, all of the state's monetary liabilities to all its creditors, even affects the most developed countries of the world. ;Europe. In particular, in the rating of the largest debtors, Greece, Italy and Portugal took the first positions.

This information has been published on the Eurostat website.

Read also: Debt life: how Ukraine will pay with its creditors

By the end of the third quarter of 2018, the debt burden of Greece was the heaviest. Its monetary obligations represented 182.2% of GDP. Italy was ranked second with 133%, Portugal at 125%, Cyprus at fourth place, at 110.9%, followed by Belgium at 105.4%.

 EU debtor countries
Rating of debtor countries of the EU

Estonia, meanwhile, gets the best results, not representing than 8% of GDP. By the way, comparing these results with those of the third quarter of 2017, the debt-to-GDP ratio increased in four EU countries and decreased by 24%.

According to estimates of the Ministry of Finance, in Ukraine, the total amount of payments for public debt in 2019 is 417 billion hryvnia, or $ 14.2 billion. In addition, in 2019, Ukraine will have to repay not only the domestic debt, but also the external debt.

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