Kuwait debt to GDP increased in euro zone, in EU
European sovereign debt crisis
Brussels - KUNA
At the end of the second quarter of 2014, the government debt to GDP ratio in the euro area stood at 92.7 percent, compared with 91.9 percent at the end of the first quarter of 2014.
In the EU, the ratio increased from 86.0 percent to 87.0 percent. Compared with the second quarter of 2013, the government debt to GDP ratio rose in both the 18-member euro area and the 28-member EU.
These figures were released Thursday by Eurostat, the EU's statistical office.
The highest ratios of government debt to GDP at the end of the second quarter of 2014 were recorded in Italy (133.8 percent), Portugal (129.4 percent) and Ireland (116.7 percent), and the lowest in Estonia (10.5 percent) and Luxembourg (23.1 percent).
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