Glance: A Look At Eurozone Deficits
The Associated Press
European countries struggling from slow â¿¿ or shrinking â¿¿ economies are also struggling to narrow their budget deficits. As a result, EU leaders are relaxing their demands for austerity budgets. They increasingly believe that focusing on ways to revive economic growth will help them achieve deficit goals more quickly.
Here is a look at economies of the 17 European Union countries that use the euro, their government deficits and unemployment rates. Economic indicators for the 17 eurozone countriesGrowth rate in GDP Q4 2012 vs Q1 2013 (Government Deficit2009 (%ge of GDP)Government Deficit2011 (%ge of GDP)Unemployment Rate(%)Eurozone (17 Countries)-0.611.9Austria-0.24.12.54.9Belgium-0.15.53.77.4Cyprus-1.06.16.314.7Estonia0.92.01.1 - Surplus9.9*Finland-0.52.5-0.67.9France-0.37.55.210.6Germany-0.63.10.85.3Greecen/a15.69.426.4*Irelandn/a13.913.414.7Italy-0.95.43.911.7Luxembourgn/a0.80.35.3Maltan/a188.8.131.52Netherlands-0.25.64.56.0Portugal-1.810.24.417.6Slovenia-1.06.06.414.9Slovakia0.28.04.910.2Spain-0.811.29.426.2* Dec '12Source: Eurostat
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts