Government debt fell to 86.7% of GDP in euro area; down to 81.6% of GDP in EU28
April 24,2018 At the end of the fourth quarter of 2017, the government debt to GDP ratio in the euro area (EA19) stood at 86.7%, compared with 88.1% at the end of the third quarter of 2017, according to Eurostat. Likewise, in the EU28, the ratio also decreased from 82.4% to 81.6%. The decrease was more pronounced when compared on an annual basis. For the euro area, government debt as a percentage of GDP fell by 2.3% from 89.0% (2016) fourth quarter to 86.7% (2017) fourth quarter; the broader EU 28 area experienced a decrease of 1.7% from 83.3% fourth
Daily Market Summary April 23, 2018
Daily Market Summary 23.04.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
Euro area and EU28 government deficit at 0.9% and 1.0% of GDP respectively; Government debt at 86.7% and 81.6%
April 23, 2018 According to the latest report by Eurostat, in 2017, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2016. “In the euro area the government deficit to GDP ratio fell from 1.5% in 2016 to 0.9% in 2017,and in the EU28 from 1.6% to 1.0%. In the euro area the government debt to GDP ratio declined from 89.0% at the end of 2016 to 86.7% at the end of 2017, and in the EU28 from 83.3% to 81.6%.” The member-states that reported a surplus in 2017