Brussels, 22/01/2014 (Agence Europe) - Public debt as a share of GDP fell in the eurozone from 93.4% in the third quarter of 2013 to 92.7% in the third quarter of 2013, according to figures released on Wednesday 22 January by the EU's statistics office, Eurostat.
Debt fell the most as a share of GDP in Portugal (-2.6%), Finland (-2.5%), Belgium (-1.5%) and Germany (-1.4%). The highest rises were seen in Cyprus (11%), Luxembourg (4.6%) and Greece (3%).
Over the same period, the average debt to GDP ratio rose in the EU28 from 86.7% to 86.8%. The highest debt ratios are in Greece (171.8%), Italy (132.9%), Portugal (128.7%) and Ireland (124.8%), and the lowest in Estonia (10%), Bulgaria (17.3%) and Luxembourg (27.7%). (MB/transl.fl)