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Eleven Euro Nations Have a Debt Ratio Above 60% of GDP
Highest debt ratio registered in Greece, Italy and Portugal.
23 Apr 2019, 05:41 PM IST 
A stack of ten euro banknotes is arranged with fifty and twenty euro banknotes for a photograph inside a Travelex store, operated by Travelex Holdings Ltd., in London, U.K. (Photographer: Simon Dawson/Bloomberg)
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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
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