At the end third quarter of 2016, the government debt to GDP ratio stood at 90.1% in the Eurozone, compared to 91.2% in the previous quarter, according to data published by the statistical office of the EU (Eurostat) on Monday 23 January. After Greece, this ratio is now highest in Portugal.
Unsurprisingly, the highest government debt/GDP ratios were recorded in Greece (176.9%, or a drop of 2.9%), Portugal (133.4%, or an increase of 1.6%) and Italy (132.7%, or a fall of 2.8%). Compared to the...