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This Article is From Apr 23, 2019

Eleven Euro Nations Have a Debt Ratio Above 60% of GDP

(Bloomberg) -- Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes.

Debt ratios of euro-area governments may have fallen in 2018 from a year earlier, but they're still substantially higher than before the 2008 financial crisis, according to data published Tuesday. Eleven euro-zone countries had debt ratios higher than 60 percent of GDP -- the European Union ceiling -- with the highest registered in Greece, Italy and Portugal.

--With assistance from Jill Ward.

To contact the reporter on this story: Zoe Schneeweiss in London at zschneeweiss@bloomberg.net

To contact the editor responsible for this story: Fergal O'Brien at fobrien@bloomberg.net

©2019 Bloomberg L.P.

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