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Image header Agence Europe
Europe Daily Bulletin No. 9529
Contents Publication in full By article 23 / 27
GENERAL NEWS / (eu) eu/economy

Falls in government debt and deficit in euro area and EU27 in 2006

Luxemburg, 23/10/2007 (Agence Europe) - According to information published by Eurostat on 22 October, in 2006, compared with 2005, government deficit fell in absolute terms in both the euro area and the EU27. In the euro area the government deficit decreased from 2.5% of GDP in 2005 to 1.5% in 2006, and in the EU27 it fell from 2.4% to 1.6%. Similarly, in the euro area, the government debt to GDP ratio fell from 70.3% at the end of 2005 to 68.6% at the end of 2006, and in the EU27, from...

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