Hungarian Debt Rose Fastest In Q3
- 7 Feb 2012 8:10 AM
"The state debt to GDP ratio rose further in Hungary in the third quarter of 2011 than in any other EU country, Eurostat announced on Monday. The figure for Hungary was 82.6% at the end of the quarter, the ninth highest in the EU, up from 77.8% three months earlier.
Hungary’s third-quarter data was first published in November.
The average figure for the EU rose from 81.7% to 82.2% in the third quarter.
Greece had the highest state debt as a percentage of GDP at 159.1%, followed by Italy at nearly 120%, and Portugal at 110.1%.
The lowest debt figures were produced by Estonia at 6.1%, Bulgaria 15% and Luxembourg with 18.5%."
Source: Hungary Around the Clock
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