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Euro Area & EU27 Government Deficit at 4.1% and 4.5% of GDP Respectively

In 2011, the government deficit1 of both the euro area2 (EA17) and the EU27 decreased in absolute terms compared with 2010, while the government debt1 rose in both zones.

In the euro area the government deficit to GDP ratio decreased from 6.2% in 20103 to 4.1% in 2011, and in the EU27 from 6.5% to 4.5%. In the euro area the government debt to GDP ratio increased from 85.3% at the end of 2010 to 87.2% at the end of 2011, and in the EU27 from 80.0% to 82.5%.

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