Public Debt in Eurozone
Eurozone - Public Debt
Growth slipped in the final quarter of 2019 as the French and Italian economies both unexpectedly contracted. More broadly, prolonged weakness in the bloc’s industrial sector amid weak external demand, coupled with policy uncertainties at home, have likely continued to constrain growth. Improved economic sentiment and a stable PMI in January, however, suggest momentum strengthened somewhat at the start of 2020. Meanwhile, in politics, Irish voters head to the polls; Slovenia’s Prime Minister resigned on disputes over healthcare funding; Austria’s conservative People’s Party struck an unprecedented coalition deal with the Greens; Pedro Sánchez was confirmed as Spain's prime minister; and Italy’s ruling coalition seems to have dodged a government crisis. Moreover, the European Parliament backed Britain’s departure from the European Union, with negotiations now turning to trade talks.Eurozone - Public Debt Data
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 92.0 | 90.1 | 89.2 | 87.1 | 85.1 |
Eurozone Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Eurozone: Growth sinks to near seven-year low in Q4
February 14, 2020
A second estimate reaffirmed that the Eurozone economy slowed sharply in the final quarter of last year, after growth picked up in the third quarter.
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Eurozone: Industrial output slumps in December
February 12, 2020
Industrial output dived a seasonally-adjusted 2.1% over the previous month in December, following November’s flat reading.
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Eurozone: Inflation rises further in January
January 31, 2020
Harmonized inflation inched up to 1.4% in January from December’s 1.3% and therefore marked the highest reading since February 2019, according to a flash estimate released by Eurostat on 31 January.
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Eurozone: Growth sinks to near seven-year low in Q4
January 31, 2020
The Eurozone economy slowed sharply in the final quarter of last year, after growth picked up in the third quarter.
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Eurozone: Economic sentiment starts 2020 on a positive note
January 30, 2020
Sentiment in the Eurozone strengthened in January, although it remained quite downbeat.
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