Estonia, Bulgaria with the lowest government debt to GDP
Greece surpasses 200% debt to GDP, Italy at 155.8%
23 April, 12:39Due to the impact of COVID-19 containment measures, i.e.
government debt increasing and GDP decreasing, government debt to GDP ratio rose from 77.5% to 90.7% in the EU.
Compared with the third quarter of 2020, the largest increases in the ratio were observed in Hungary (+6.5 percentage points - pp), Spain (+6.0 pp), Greece (+5.9 pp), Austria (+5.0 pp), Romania (+4.2 pp) and Portugal (+3.1 pp). Compared with the fourth quarter of 2019, the largest increases in the ratio were recorded in Greece (+25.1 pp), Spain (+24.5 pp), Cyprus (+24.2 pp), Italy (+21.2 pp) and France (+18.1 pp). (ANSA).