In the fourth quarter of 2022, the general government deficit and gross debt-to-GDP ratios were 4.7% and 91.6% respectively in the euro area, compared with 4.6% and 93.0% in the third quarter, according to data released by the Office of the European Union (Eurostat) on Friday 21 April.
At the EU level, these ratios increased to 4.5% of GDP for the deficit and 84.0% of GDP, compared with 4.2% and 85.1% in the previous quarter.
Measures to mitigate the impact of high energy prices had a...