Eurozone debt to GDP dropped in 2016

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

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