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Saturday, 20.04.2024, 04:48
Latvia registers EU's fourth lowest government debt in Q1
BC, Riga, 22.07.2014.
Print version
Print versionLatvia's government debt to GDP ratio stood at 38.2 percent at the end of the first quarter of 2014 - the fourth lowest government debt across the European Union, according to the latest data from the EU's statistical office "Eurostat", informs LETA.
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The lowest ratio of government debt to GDP was registered in Estonia - 10 percent, followed by Bulgaria - 20.3 percent, and Luxembourg - 22.8 percent. Lithuania's government debt to GDP ratio amounted to 40.3 percent, the sixth lowest in the EU.
The highest ratios of government debt to GDP were recorded in Greece - 174.1 percent, Italy - 135.6 percent, and Portugal - 132.9 percent.
According to ''Eurostat'', Latvia's national debt reached EUR 8.993 billion at the end of the first quarter of 2014.
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