Government debt at 88.1% of GDP in euro area: Eurostat

(ANSA) - BELGRADE, OCT 22 - Eurostat reported today that the eurozone's general government gross debt to GDP ratio was 88.1% at the end of the second quarter of 2024, up from 87. 8% in the first quarter. In the EU, the ratio rose from 81.3% to 81.5%.
    The government debt to GDP ratio fell in both the eurozone (from 88.8% to 88.1%) and the EU (from 81.9% to 81.5%) when compared to the second quarter of 2023. At the end of the second quarter of 2024, the highest ratios of government debt to GDP were recorded in Greece (163.6%), Italy (137.0%), France (112.2%), Belgium (108.0%), Spain (105.3%), and Portugal (100.6%), while the lowest were recorded in Bulgaria (22.1%), Estonia (23.8%), and Luxembourg (26.8%). (ANSA).