Party time in Europe
We're getting a raft of final budget and debt numbers from Europe.
EZ debt to GDP 89.2% vs 90.3% prior
Budget surplus 1.5% of GDP vs 2.1% prior
Germany budget surplus 0.8% of GDP vs 0.75 prior
Spain BS (no pun intended) 4.5% vs 5.1% prior
France BS 3.4% vs 3.6% prior
Italy BS 2.4% vs 2.7% prior
Greece public debt 179.0% of GDP vs 177.4% prior
At least the Eurozone countries have used low rates and easy monetary conditions to lower government debt...oh wait.
Eurozone finances 2016