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Cyprus News Agency: News in English, 12-10-25
CONTENTS
[01] Eurostat: Cyprus`s government debt at 83.3% of GDP
[01] Eurostat: Cyprus`s government debt at 83.3% of GDP
Cyprus's government debt increased by 8.3% during the second quarter of
2012 compared to the first quarter, according to data released Wednesday
by Eurostat.
According to the Statistical Office of the EU, at the end of the second
quarter of 2012 Cyprus` government debt reached 14.939 billion euro
or 83.3% of GDP. In the first quarter of 2012, the government debt in
Cyprus reached 13.470 billion euro or 75.0% of GDP.
The highest ratios of government debt to GDP at the end of the second
quarter of 2012 were recorded in Greece (150.3%), Italy (126.1%), Portugal
(117.5%) and Ireland (111.5%), and the lowest in Estonia (7.3%), Bulgaria
(16.5%) and Luxembourg (20.9%).
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