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In Estonia the lowest government debt in the EU in 2018

Low levels also in Bulgaria, Romania, Latvia and Czech Republic

20 July, 14:58
(ANSA) - BELGRADE - Estonia has recorded the lowest government debt in the European Union at the end of the first quarter of 2018, the EU statistical office Eurostat announced today.

Eurostat said that the Estonian gov't debt was 8.7% to the gross domestic product, very much below the 81.5% in the EU average.

A very low government debt to GDP ratio was recorded also in Bulgaria (24,1%), Romania (36.7%), in Latvia and in the Czech Republic (35.8%), in Lithuania (36.3%), Slovakia (50.8%) and Poland (51.2%).

A ratio closer to the EU average was instead recorded in Hungary (73.9%), Slovenia (75.1%), Croatia (76.2%) and Austria (77.2%).

The highest ratios of government debt to GDP at the end of the first quarter of 2018 were recorded in Greece (180.4%) and Italy (133.4%), Eurostat added.

Compared to the first quarter of 2017, the largest decreases in government debt were registered in Slovenia (-5.3 pp), Malta (-6.2 pp) and Croatia (-6.4 pp). (ANSA).

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