Greek public debt rises to 335 bln euros in Q3 of 2018, highest in EU
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E-mail Xinhua, January 22, 2019
ATHENS, Jan. 21 (Xinhua) -- Greece's public debt increased to 334.988 billion euros (380.8 billion U.S. dollars) at the end of the third quarter of 2018, Greece's Statistical Authority (ELSTAT) revealed on Monday.
On a yearly basis, the figure represented an increase of 21.493 billion euros from the same period of 2017.
The public debt corresponded to the 182.2 percent of the country's GDP, recording the highest ratio in the European Union followed by Italy with 133 percent, according to data released on Monday by Eurostat.
The average public debt level in the Eurozone was listed at 86.1 percent of GDP, marginally down from 86.3 percent of GDP in the second Quarter of 2018.
According to ELSTAT, Greece's primary surplus for the third quarter of 2018 increased to 3.842 billion euros from 3.806 billion euros in comparison to the same period of 2017.
The statistics presented also showed that income and property taxes rose by 446 million euros, while taxes on production and imports increased by 297 million euros in the Q3 of 2018, in comparison to the same quarter of 2017. Enditem
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