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This Article is From Oct 22, 2020

Borrowing Up, Euro-Area Economy Down Means Debt Ratios Surge

A surge in borrowing and an unprecedented slump in economic output has expanded debt-to-GDP ratios across the euro area, according to Eurostat data published Thursday. Four of the five countries that already exceeded 100% before the pandemic -- Greece, Italy, Belgium and France -- saw increases above the region's average in the second quarter.

©2020 Bloomberg L.P.

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