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Bulgaria posts EU's second lowest debt-to-GDP ratio in Q1 - Eurostat

Bulgaria posts EU's second lowest debt-to-GDP ratio in Q1 - Eurostat License: CC0 Creative Commons

SOFIA (Bulgaria), July 23 (SeeNews) - Bulgaria had a government debt-to-GDP ratio of 21.2% at the end of the first quarter of 2019, the second lowest in the European Union, after Estonia, the bloc's statistical office Eurostat said.

Romania's debt-to-GDP ratio of 34.1% was the sixth lowest among 28 EU member states at the end of March, Eurostat said in a statement on Friday.

Among EU-28 Greece posted the highest government debt-to-GDP ratio of 181.9%.

On a quarterly comparison basis, Slovenia and Bulgaria were among the EU member states with the highest decreases in their debt-to-GDP ratios, by 2.3 and 1.4 percentage points, respectively. 

Details about EU member states from SEE follow (in %):

  Debt-to-GDP ratio, Q1'19
Bulgaria 21.2
Croatia  74.5
Greece  181.9
Romania 34.1
Slovenia 67.9
EU average  80.7

source: Eurostat

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