Brussels, 24/10/2008 (Agence Europe) - The government deficit fell in absolute terms in 2007, compared with 2006 in both the euro area and the EU27, while government debt has risen, Eurostat said in a press release issued on Wednesday 22 October. In relative terms, the government deficit decreased from 1.3% of GDP in 2006 to 0.6% in 2007 in the euro area, and, in the EU27, it fell from 1.4% to 0.9%. In the euro area, the government debt to GDP ratio fell from 68.5% at the end of 2006 to...