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In Estonia the lowest debt to GDP ratio in the EU

Slovenia recorded the strongest decrease year-on-year

21 January, 19:04
(ANSA) - BELGRADE, 21 GEN - Estonia remains the country with the lowest government debt to GDP ratio in the European Union.

According to Eurostat data, published today, the lowest debt levels were seen in Estonia (8.0%), Luxembourg (21.7%) and Bulgaria (23.1%), but also the Czech Republic and Romania (both 33.9%), Lithuania (35.0%), Latvia (37.1%), Poland (49.4%), Slovakia (51.5%), Slovenia (71.0%), Hungary (72.4%) and Croatia (74.5%) recorded debt levels lower than the government debt to GDP ratio in the euro area (86.1%) and in the EU28 (80.8%) at the end of the third quarter of 2018.

The highest ratios of government debt to GDP at the end of the third quarter of 2018 were recorded in Greece (182.2 %), Italy (133.0%), Portugal (125.0%), Eurostat said.

Compared with the third quarter of 2017, several countries in Central- and Eastern Europe registered among the strongest decreases in their debt to GDP ratio: among them, Slovenia (-8.0%), Austria (-4.3%), Lithuania (-4.2%) and Croatia (-4.0%).

(ANSA).

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