Bamboleo said: ^ Wow I was unaware of that. 12.7% public debt last year for greece is just insane, Portugal is nearly at 3% and everyone in the media is saying the sky will shatter upon us this year. I don't wanna imagine what happens if my country get's kicked from EU :( |
No that is not correct, Portugal's deficit was 9.3% of GDP in 2009, and will probably not be very different in 2010...
Which is really bad. But other countries are really bad too in terms of deficit, there are few countries which have much less than 10% deficits.
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