Eurostat: Government debt up to 86.3% of GDP in euro area, up to 97.7% in Cyprus

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Government debt to GDP ratio in the euro area stood at 86.3% at the end of the first quarter of 2020, compared with 84.1% at the end of the fourth quarter of 2019, according to data released today by Eurostat, the statistical service of the EU.In the EU, the ratio increased from 77.7% to 79.5%. Compared with the first quarter 2019, the government debt to GDP ratio fell in both the euro area (from 86.4% to 86.3%) and the EU …

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