Brussels, 22/04/2013 (Agence Europe) - Last year, the average public deficit fell from 4.2% of GDP to 3.7% in the eurozone and from 4.6% of GDP to 4% in the EU27 in nominal terms, according to final figures released by Eurostat (the EU's statistical office) on Monday 22 April. The relative size of public debt as a proportion of GDP will continue to rise, from an average of 87.3% to 90.6% in the eurozone and from 82.5% to 85.3% in the EU27.
The European Commission took note of the figures,...