Euro Area Debt at Four-Year Low

55ab966009ae407d8e5ae9ab106c9faa

Consolidated debt in the Euro Area fell to the lowest level in four years, according to 3Q2016 figures released today. The overall average for the monetary union fell to 90.1% of GDP in the third quarter, with continued wide dispersion among its members. Greece remains closer to 180% of GDP– nearly three times the ECB’s […]