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Image header Agence Europe
Europe Daily Bulletin No. 10662
ECONOMY - FINANCE - BUSINESS / (ae) eurozone

Public debt goes up despite cutbacks

Brussels, 24/07/2012 (Agence Europe) - As at the end of March 2012, public debt in eurozone nations was higher than at the end of 2011, despite the current belt-tightening, according to figures released on Monday 23 July by the European Union's Statistical Office (Eurostat).

In the first quarter of this year, public debt rose by 0.9% on average to 88.2% of GDP in the eurozone, with only Greece and Finland managing to reduce their debt as a proportion of GDP (in Greece's case from 165.3% to...

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ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION