ECONOMY - FINANCE - BUSINESS / Economy

Falling government deficit and rising government debt in euro area and EU in first quarter of 2019

Brussels, 19/07/2019 (Agence Europe)

In the first quarter of this year, the seasonally adjusted government deficit declined in both the euro area and the European Union, while the government debt ratio increased over the same period, according to figures from the Statistical Office of the European Union (Eurostat) published on Friday 19 July. 

The seasonally adjusted government deficit was 0.5% and 0.6% of GDP respectively in the euro area and the EU in the first quarter of 2019, a decrease of 0.6 and 0.4 percentage points...