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Government debt

Government debt up to 87.8% of GDP in EU

3 mins read

The FINANCIAL — At the end of the second quarter of 2020, the quarter in which the impacts of the containment measures as well as policy responses to the containment measures fully materialised in increased financing needs, the government debt to GDP ratio in the euro area stood at 95.1%, compared with 86.3% at the end of the first quarter of 2020. In the EU, the ratio increased from 79.4% to 87.8%. Compared with the second quarter of 2019, the government debt to GDP ratio rose in both the euro area (from 86.2% to 95.1%) and the EU (from 79.7%…

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Government debt up to 87.8% of GDP in EU

3 mins read

The FINANCIAL — At the end of the second quarter of 2020, the quarter in which the impacts of the containment measures as well as policy responses to the containment measures fully materialised in increased financing needs, the government debt to GDP ratio in the euro area stood at 95.1%, compared with 86.3% at the…