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Euro area government debt up to 90.0% of GDP
At the end of the second quarter of 2012, the government debt1 to GDP ratio2 in the euro area3 (EA17) stood at 90.0%, compared with 88.2% at the end of the first quarter of 2012. In the EU273 the ratio increased from 83.5% to 84.9%. Compared with the second quarter of 2011, the government debt to GDP ratio rose in both the euro area (from 87.1% to 90.0%) and the EU27 (from 81.4% to 84.9%). These data are released by Eurostat, the statistical office of the European Union. At the end of the second quarter of 2012, securities other than shares accounted for 78.6% of euro area and for 80.1% of EU27 general government ... (full story)