21/10/2011 12:53
The fiscal deficit in Cyprus reached 5.3% of GDP in 2010, which is of €923 million against a deficit of 6.1% of GDP in 2009 (€1030mn).
The Eurostat data differ from the Finance Ministry’s estimates. The state budget for 2012 supports that the deficit in 2010 stood at 4.9%.
In Greece, the fiscal deficit reached 10.6% of GDP (€24125mn) against a deficit of 15.8% in 2009 (€36624mn).
In the euro area the government deficit to GDP ratio decreased slightly from 6.4% in 2009 to 6.2% in 2010, and in the EU27 from 6.9% to 6.6%.
Government debt
The government debt of Cyprus reached 61.5% of GDP (€10653mn) against 58.5% (€9865mn) in 2009.
In Greece, the government debt stood at 144.9% of GDP (€329351mn) from 129.3% (€299537mn).
In the euro area the government debt to GDP ratio increased from 79.8% at the end of 2009 to 85.4% at the end of 2010, and in the EU27 from 74.7% to 80.2%
The Eurostat data differ from the Finance Ministry’s estimates. The state budget for 2012 supports that the deficit in 2010 stood at 4.9%.
In Greece, the fiscal deficit reached 10.6% of GDP (€24125mn) against a deficit of 15.8% in 2009 (€36624mn).
In the euro area the government deficit to GDP ratio decreased slightly from 6.4% in 2009 to 6.2% in 2010, and in the EU27 from 6.9% to 6.6%.
Government debt
The government debt of Cyprus reached 61.5% of GDP (€10653mn) against 58.5% (€9865mn) in 2009.
In Greece, the government debt stood at 144.9% of GDP (€329351mn) from 129.3% (€299537mn).
In the euro area the government debt to GDP ratio increased from 79.8% at the end of 2009 to 85.4% at the end of 2010, and in the EU27 from 74.7% to 80.2%
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