The countries with the smallest and largest debts in the European Union are named

Updated data on the level of public debt of the EU countries in relation to GDP have been published. The data correspond to the indicators for the end of 2019.

By the end of last year, three EU countries had a public debt in excess of GDP. In the first place by accumulated debts - Greece. Her public debt is approaching an incredible 190% of GDP. At the same time, nothing changes for Athens in terms of debts - the country continues to live in debt and ask its main creditors to restructure it. The three countries with the highest debt in terms of GDP include Italy and Portugal.

The level of public debt is approaching 100% of GDP in countries such as Belgium, France, Spain and Cyprus.

On the other side of the list - where the public debt is small compared to GDP - Luxembourg, Bulgaria and Estonia. For example, the national debt of Bulgaria was estimated at 20,4% of GDP, and the national debt of Estonia - only 8,4%.

At the same time, Bulgaria continues to be among the poorest countries in the European Union.

In the economic circles of the European Union, the relative success of the Estonian government is noted. With an extremely low level of public debt, the economy showed growth in 2019. Nominal GDP per capita in Estonia ranks 40th in the world (World Bank data). For comparison, Russia is ranked 60th in terms of the same indicator.

Comments

[bogart047]

debt is an instrument of bending the country

[Nyrobsky]

Quote: bogart047

debt is an instrument of bending the country

However, due to the existing double standards, this tool works selectively. The USA is in debt like silk, and in theory it should be bent with the letter zyu, but no, they are putting dollar waste paper around the world and imposing how they should live.

[Aaron Zawi]

Quote: Nyrobsky

Quote: bogart047

debt is an instrument of bending the country

However, due to the existing double standards, this tool works selectively. The USA is in debt like silk, and in theory it should be bent with the letter zyu, but no, they are putting dollar waste paper around the world and imposing how they should live.

Yeah. Approaching 100% of GDP. T / e USA is where to grow.

The total debt of China is growing and has already exceeded three times the annual GDP of the Middle Kingdom. Such data leads Reuters with reference to the report of the Institute of International Finance (IIF). Total debt — commitments by the government, companies, and households — has already exceeded $ 40 trillion and reached 15% of total world debt. Russian experts explain that China’s gigantic total debt speaks of continuous credit stimulation of the economy in order to maintain social stability in the country.
A key indicator of China's debt exceeded 300% of gross domestic product amid Beijing's growing support for a slower economy and its attempts to curb financial risks, according to the Institute of International Finance (IIF). China's total debt, including government, company and household obligations, grew to 303% of GDP in the first quarter of 2019 from 297% in the same period a year earlier.

[Tatyana]

Nominal GDP per capita in Estonia ranks 40th in the world (World Bank data) For comparison, Russia is ranked 60th in terms of the same indicator.

And how much can you trust the data of the World Bank? This is the same financial and political structure of the US Federal Reserve as the IMF!
Their "experts" will draw any "figures" that their "owners of money" need!

World Bank, IMF, etc. - these are not just tools of external management of other countries by global bankers and financial speculators of the US Federal Reserve, but also shouts of American misinformation in the Cold War against the Russian Federation, China, and other countries of the post-socialist camp.

[A.TOR]

If you do not trust everyone who you do not like, then you will live in a world of illusions.

[Tatyana]

Quote: A.TOR

If you do not trust everyone who you do not like, then you will live in a world of illusions.

Nothing like this!
There is a Golden Rule for this - "Trust but verify!" or "Check and then trust!"

World Bank, IMF - they didn't deserve much trust! Their experts are still political manipulators! They have worked and are working to lower the economic ratings of some countries and raise the economic ratings of other countries in the interests of satisfying the financial and political economic goals of their "owners of money", the US Federal Reserve System.

[A.TOR]

Dear Tatyana, you are without a doubt a very good person.
In economics, you don’t understand a damn thing, so you won’t be able to understand who, what, how and how much is manipulating.
Also, you do not understand the meaning and "interested" in economic ratings. Accordingly, you will not succeed in "Checking" - therefore, you will rely on nonsense about the "sinister designs of the world behind the scenes and their vanguard strike force represented by the FRS" of various so-called. "patriotic researchers".
This is the world of illusions.
Regards and sincere sympathy

[Tatyana]

Quote: A.TOR

Accordingly, you will not succeed in "Checking" - therefore, you will rely on nonsense about the "sinister designs of the world behind the scenes and their vanguard strike force represented by the FRS" of various so-called. "patriotic researchers".
This is the world of illusions.

We won’t be able to verify for sure, because national countries are all dollarized, not rublezed.
But in the Rhodschilds statement at 1.01. In 2016, the Rothschilds control 174 countries out of 193 UN member countries, it is quite possible to believe.
Here is a list of these banks in my translation from English into Russian, therefore not alphabetically:
* Legend:
Central Bank - Central Bank; RB - Reserve Bank; NB - National Bank;
GB - State Bank; TsRB - Central Reserve Bank;
NRB –National Reserve Bank; VFU - monetary and financial department; Fed - Federal Reserve System

1. Bank of Afghanistan 2. Bank of Albania; 3. Bank of Algeria; 4. Central Bank of Argentina; 5. Central Bank of Armenia; 6. Central Bank of Aruba; 7. RB Australia; 8. National Bank of Austria; 9. Central Bank of the Azerbaijan Republic; 10. Central Bank of the Bahamas; eleven. Central Bank of Bahrain; 12. Bank of Bangladesh; thirteen. Central Bank of Barbados; fifteen. National Bank of Belgium; 14. National Bank of the Republic of Belarus ;; sixteen. Central Bank of Belize; 17. Benin: Central Bank of West African States; eighteen. Bermuda: Bermuda Monetary Authority; nineteen. Royal EFU of Bhutan; twenty. Central Bank of Bolivia; 21. Central Bank of Bosnia and Herzegovina; 22. Bank of Botswana; 23. Central Bank of Brazil; 24. Bulgaria: Bulgarian National Bank; 25. Burkina Faso: Central Bank of West African States; 26. Bank of the Republic of Burundi; 27. National Bank of Cambodia; 28. Roon came: Bank of Central African States; 29. Bank of Canada-Banque du Canada; thirty. WFU of the Cayman Islands; 31. Central African Republic: Bank of Central African States; 32. Chad: Bank of Central African States; 33. Central Bank of Chile; 34. People's Bank of China; 35. Colombia: Bank of the Republic; 36. Central Bank of Comoros; 37. Congo: Bank of Central African States; 38. Central Bank of Costa Rica; 39. Côte d'Ivoire: Central Bank of West African States; 40. Croatian NB; 41. Central Bank of Cuba; 42. Central Bank of Cyprus; 43. Czech Republic: Czech NB; 44. National Bank of Denmark; 45. Central Bank of the Dominican Republic; 46. East Caribbean Region: East Caribbean Central Bank; 47. Central Bank of Ecuador; 48. Central Bank of Egypt; 49. CRH of El Salvador; fifty. Equatorial Guinea: Bank of Central African States; 51. Bank of Estonia 52. National Bank of Ethiopia; 53. European Union: European Central Bank; 54. RB Fiji; 55. Bank of Finland 56. Bank of France 57. Gabon: Bank of Central African States; 58. Central Bank of The Gambia; 59. National Bank of Georgia; 60. Germany: Deutsche Bundesbank; 61. Bank of Ghana; 62. Bank of Greece 63. Bank of Guatemala; 64. Guinea-Bissau: Central Bank of West African States; 65. Bank of Guyana; 66. Central Bank of Haiti; 67. Central Bank of Honduras; 68. WFU of Hong Kong; 69. Hungary: Magyar Bank Nemzeti; 70. Central Bank of Iceland; 71. RB of India; 72. Bank of Indonesia 73. Central Bank of the Islamic Republic of Iran; 74. Central Bank of Iraq; 75. Central Bank and Financial Services Authority of Ireland; 76. Bank of Israel 77. Bank of Italy 78. Bank of Jamaica; 79. Bank of Japan 90. Central Bank of Jordan; 91. National Bank of Kazakhstan; 92. Central Bank of Kenya; 93. Bank of Korea 94. Central Bank of Kuwait; 95. National Bank of the Kyrgyz Republic; 96. Bank of Latvia 97. Central Bank of Lebanon; 98. Central Bank of Lesotho; 99. Central Bank of Libya; 100. Central Bank of Uruguay; 101. Bank of Lithuania; 102. Central Bank of Luxembourg; 103. WFU Macau; 104. National Bank of the Republic of Macedonia; 105. Central Bank of Madagascar; 106. RB Malawi; 107. Central Bank of Malaysia; 108. Mali: Central Bank of West African States; 109. Central Bank of Malta; 110. Bank of Mauritius; 111. Bank of Mexico 112. National Bank of Moldova; 113. Bank of Mongolia; 114. Central Bank of Montenegro; 115. Bank of Morocco; 116. Bank of Mozambique 117. Bank of Namibia; 118. Central Bank of Nepal; 119. Bank of the Netherlands; 120. Bank of the Netherlands Antilles; 121. RB of New Zealand; 122. Central Bank of Nicaragua; 123. Niger: Central Bank of West African States; 124. Central Bank of Nigeria; 125. Central Bank of Norway; 126. Central Bank of Oman; 127. GB of Pakistan; 128. Bank of Papua New Guinea; 129. Central Bank of Paraguay; 130. CRH Peru; 131. Philip Pines: Philippines; 132. National Bank of Poland; 133. Bank of Portugal 134. Central Bank of Qatar; 135. National Bank of Romania; 136. National Bank of Rwanda; 137. Central Bank of the Republic of San Marino; 138. Central Bank of Samoa; 139. Monetary Agency of Saudi Arabia; 140. Central Bank of West African States; 141. National Bank of Serbia; 142. Central Bank of Seychelles; 143. Bank of Sierra Leone; 144. EFU of Singapore; 145. National Bank of Slovakia; 146. Bank of Slovenia; 147. Central Bank of the Solomon Islands; 148. RB of South Africa; 149. Bank of Spain 150. Central Bank of Sri Lanka; 151. Bank of Sudan 152. Central Bank of Suriname; 153. Central Bank of Swaziland; 154. Sweden: Sveriges Riksbank; 155. Swiss NB; 156. National Bank of Tajikistan; 157. Bank of Tanzania; 158. Bank of Thailand 159. Togo: Central Bank of West African States; 160. NRB Tonga; 161. Central Bank of Trinidad and Tobago; 162. Central Bank of Tunisia; 163. Central Bank of the Republic of Turkey; 164. Bank of Uganda; 165. National Bank of Ukraine; 166. Central Bank of the United Arab Emirates; 167. United Kingdom: Bank of England; 168.
169. RB Vanuatu; 170. Central Bank of Venezuela; 171. GB of Vietnam; 172. Central Bank of Yemen; 173. Bank of Zambia; 174. RB Zimbabwe.
See detail - https://narod-novosti.com/diskussionnyj-klub/?p=rotshild-vyistroil-finansovyie-vojska

[A.TOR]

I was completely convinced that you are a very good person.
If you follow your link, you will be taken to the "People's News" site.
(it remains to determine where, in what place this so stupid and dim-witted people who read this balcony live).
Okay.
So, before the huge list of "Rothschild's slaves" there is a footnote:

Yesterday, Comte re-posted the “complete list of banks under the control of the Rothschilds” here from a small but curious article from an English-language resource.

If you follow the blue "resource" link, you get to a page with the inscription "Page not found", and then - if you wish - we are sent to Facebook.
There you will find "anonymous" and other nonsense, which is, in fact, ordered (accordingly paid) "information". By the way, already deleted.
In general, the influence of the Rothschilds-Rockefellers in the world today is extremely small, it is rather a tool / criterion for comparing the opinions / points of view of several of the most influential financial institutions.

As for "all countries" are dollarized, not rubled "" - God forbid, "rubleization" or rubleization of any country.
Look at Russia - who do not mind you yet?

[Tatyana]

Quote: A.TOR

If you follow the blue "resource" link, you get to the page with the inscription "Page not found"

So what if the page was not found?
My articles on the Internet, too, have been removed even from the computer archives of the publications that printed them over the past years. These articles of mine can now be found only in hard copy in some central libraries.
And what does this change in the sense of the reliability of the existence of such an article and the content printed in it? Yes, nothing changes.

[tihonmarine]

Quote: Tatiana

And how much can you trust the data of the World Bank? This is the same financial and political structure of the US Federal Reserve as the IMF!

You can trust with caution, but they have no particular reason to lie. I read, looked and forgot.

[Tatyana]

Quote: tihonmarine

there’s no reason to lie about them.

There is also a reason!

For instance. And the need for pension reform in the Russian Federation to increase the retirement age for Russians, then what place and in connection with this will they recommend to the Russian government? And what about our authorities?

The rating of economies is also market advertising and market anti-advertising of economies of different countries for investment by foreign investors.
You saw a lot of HONEST advertising, if at least sometime you yourself were engaged in business or at least worked as a marketer! I have almost no honest advertising, have not seen.

[Malibu]

Quote: Tatiana

The rating of economies is also market advertising and market anti-advertising of economies of different countries for investment by foreign investors.
You saw a lot of HONEST advertising, if at least sometime you yourself were engaged in business or at least worked as a marketer! I have almost no honest advertising, have not seen.

Oh Tatyana our clever, how are you right .. And the worst thing is that these levers are acting and no one can speak out against this, and if they are in plain text, they are simply afraid .. And this fear is not without reason ..
Gaddafi, I remember speaking out and tried to change the global financial system .. And where is he now and what is his country representing now ..
The USSR also collapsed on this ..

[tihonmarine]

Quote: Tatiana

And the need for pension reform in the Russian Federation

IMF ordered and done.

[Alex Justice]

IMF ordered and done.

The IMF does not give loans by force. Think first, then take a loan.

[Horst78]

Quote: Aron Zaavi

Yeah. Approaching 100% of GDP. T / e USA is where to grow.

This is the duty of the state.

Quote: Aron Zaavi

The total debt of China is growing and has already exceeded three times the annual GDP of the Middle Kingdom. Such data leads Reuters with reference to the report of the Institute of International Finance (IIF).

Total debt is the commitment of the government, companies and households

- Already exceeded $ 40 trillion and reached 15% of total world debt.

The debt of US companies, states, municipalities, and households is generally scary.

[Aaron Zawi]

Quote: Horst78

This is the duty of the state.

I agree.

[venik]

Quote: Aron Zaavi

Yeah. Approaching 100% of GDP. T / e USA is where to grow.

======
Sorry, Aron - 100% AGREE! They have where to "grow" ( ) The only country that is NOT RESPONSIBLE for providing OWN CURRENCY (!!!). Providing the "dollar" is the concern of the rest of the world!
Here and think about it: AND WHO (!) Benefits from a "pandemic" with the subsequent collapse of the world economy? Maybe the ONE who has the "printing press" ("world reserve currency)" in his hands?
Especially when a serious Global Redistribution of Markets (spheres of influence) is coming .......

[tihonmarine]

Quote: venik

Providing the "dollar" is the concern of the rest of the world!

That’s all said. And the states do not care what debt they have, and what other countries have. They will have no problems securing currency.

[Svetlana]

Quote: bogart047

debt is an instrument of bending the country

Not certainly in that way. There are two types of debt, external debt and internal debt. External debt, yes, leads to deflection, internal debt (to citizens who bought bonds) does not lead to deflection. Unfortunately, they did not write about what kind of debts we are talking about.

[pytar]

Unfortunately, they did not write about what kind of debts we are talking about.

We are talking about external debt. Specifically about Bulgaria, the data show that in 2019 the public debt was 12,102 billion euros, which is 20.4% of the country's GDP. For comparison, in 2018 it was 22.3% of GDP, in 2017 - 25.3%, and in 2016 - 29.3%. Here it should be noted the fact that in 1990 the country was bankrupt (declared a moratorium on payments on external loans)! Urgent payments on external debt exceeded foreign exchange reserves by 3,3 times, and total debt exceeded GDP by 1,5 -2 times. Now Bulgaria has BP 24,1 billion euros., GDP 51 billion euros.

Together, all of Bulgaria's internal and external debts for 2019, BG accounts for 57,4% of GDP.

[pytar]

By the way, an interesting photo under the headings was picked up by anonymous authors of the article ... Broken street, public facades, dull weather ... "Oh, how bad they have it there in the EU", as if they want to impress the reader ...

[MMX]

Quote: pytar

By the way, an interesting photo under the headings was picked up by anonymous authors of the article ... Broken street, public facades, dull weather ... "Oh, how bad they have it there in the EU", as if they want to impress the reader ...

The connotation of the word "debt" (financial debt) has a negative connotation. Therefore, the picture is appropriate.

[venik]

Quote: bogart047

debt is an instrument of bending the country

============
А WHAT FOR IMF created? Yes, for this!

[iouris]

I know one country that has a debt of $ 24 trillion, but since its budget deficit and military budget are equal, it bends everyone else.

[mitroha]

She "bends" those who allow themselves to do this.

[tihonmarine]

Quote: Mitroha

She "bends" those who allow themselves to do this.

And what else are there still that I do not allow to bend with myself?

[iouris]

Where is the list of these "invincible"?

[Mouse]

Bulgaria was estimated at 20,4% of GDP, while Estonian public debt was only 8,4%.

At the same time, Bulgaria continues to be among the poorest countries in the European Union.

Poor but clean ...

[Okolotochny]

Basil, laugh)))

[Finn]

Probably looking where in Bulgaria. I was in Burgas in the morning I woke up, I thought I got into the USSR after the collapse. Roofs with holes rolled up, balconies without railings.

[pytar]

Probably looking where in Bulgaria. I was in Burgas in the morning I woke up, I thought I got into the USSR after the collapse. Roofs with holes rolled up, balconies without railings.

You seem to be in one of the old urban areas. There are no “overhaul fees” in Bulgaria. Repair and maintenance of the dwelling, the duty of each companion or in multi-storey - friendship with the owners. If the wall has become dangerous due to depreciation, the municipality has the right to oblige the owner to repair / secure / demolish, and if he is not in a condition, then the municipality itself does it, imputing the costs as a debt to the owner. But this is in extreme cases, extremely rare. As in other countries, there are worse and better areas. In general, Burgas is a very pleasant city with a developed urban infrastructure.
In Bulgaria, 91.6% of families live in their own homes. Almost 100% of the settlements of Bulgaria, including the smallest villages have water supply with drinking water and electricity to each house. In all settlements with a population above 10 thousand. residents have / or are constructing / sewage treatment plants. But central heating is poorly distributed.

Approx. : under "Bath" and "Toaletna" we mean only those who are inside the dwelling, not those who are outside.

[pytar]

Poor but clean ...

Bulgarian traditionally live on their own pockets. They do not take extra money on credit. This gives stability and predictability to the financial and economic system, even during a crisis, as it is now.
The main merit of the authorities in the field of finance, after the 90s, was the introduction of the currency board / linking bg-currency to the deutsche mark, later to the euro /, which almost immediately stopped hyperinflation, and also paid a part of external loans, which subsequently made it possible to take loans with a low rate. Bulgaria takes on credit as much as it can repay without a burden on the budget. A few years ago, BG paid loans to the IMF, and is already receiving dividends from its share in the fund. High appreciation of the professionalism of Bulgarian financiers was appointed to the post of IMF Chairman of the Bulgarian Kristalina Georgieva.

The stability of the financial system is ensured by currency reserves, which Bulgaria has already accumulated as much as 26,3 billion dollars. The Bulgarian lev will not change the rate against the euro (2 levs ~ 1 euro) from the very beginning of the creation of the euro. Each Bulgarian lev is secured by BNB assets.
The "poverty" of Bulgaria, a little far-fetched ... Some Bulgarian economists in plain text say - "Bulgaria is not the poorest country in the EU, but the country with the largest share of hidden income ..."

[Karaul73]

Quote: bogart047

debt is an instrument of bending the country

And how do you think Greece was bent? It turns out that the Greeks put the whole of Europe in an interesting position.

[Krasnodar]

Quote: Sentry73

Quote: bogart047

debt is an instrument of bending the country

And how do you think Greece was bent? It turns out that the Greeks put the whole of Europe in an interesting position.

That's right. The IMF still pays their debts

[Pessimist22]

Greeks are the smartest in the EU , not in vain Europe is a continuation of the history and culture of Greece.

[Oyo Sarkazmi]

Quote: Sentry73

It turns out that the Greeks put the whole of Europe in an interesting position.

About 5 years ago, a study was conducted - how much property is available per person in different countries. So, the richest inhabitants of the state in the world are Greek Cypriots - 250 thousand euros per person. In second place is tadam !!! - continental Greeks, 200 thousand euros per person. Italy, Portugal, Russia - 70 thousand euros per person. The poorest of the developed - tam-tata-tammmmmm - Germans, 50 thousand euros. Germans, as a rule, own only a car.
The epic dependence is directly traced - the richer the inhabitants, the poorer the state

[businessv]

For comparison, Russia is ranked 60th in terms of the same indicator.

For a laugh, we compare the population of Estonia - at the end of 2019, the population of Estonia was 1 people (s). They should be in the top ten, with so many!

[Sergej1972]

And what does the population have to do with it? This is the same indicator per capita.

[Oyo Sarkazmi]

So, they have a power station. Electricity is exported. To Sweden, Finland, Latvia. And even to Russia.

[businessv]

Quote: Sergej1972

And what does the population have to do with it? This is the same indicator per capita.

Themselves wrote and replied: "This is the same indicator per capita." How much do you need to earn for 1,5 million, or for 150 million ?! You sold, for example, an airplane made by your state for 300 million, divided among all 1,5 million inhabitants, and it turned out to be 200 per capita. Now divide this amount by 150 million. Feel the difference?

[A.TOR]

Countries with small populations do not build aircraft. This is not cost effective.
Making money "for the population" is an oxymoron. The population earns itself, hence the income.
By the way, those who built it receive (should receive) money for the sold plane.
Taxes to the budget and that's it.

[businessv]

Quote: A.TOR

Countries with small populations do not build aircraft. This is not cost effective.

The key word in my post is, for example, a colleague! The point is not in form, but in essence. The state produces what it is profitable to produce, it is an axiom. And the bottom line is that any state with a small population is easier to survive in any situation. This is also an axiom, and not an oxymoron (more simply - a figure of speech) because any state is nothing but a form of existence of a group of people united by one goal. This means that this association must earn money to ensure its existence. The management of this earnings is carried out, as a rule, by the cabinet of ministers headed by the prime minister. I think this is enough for you to understand what I had in mind in your previous post.

[A.TOR]

From that point of view. of course I agree

[DMB 75]

Who the debt does not soar at all is the USA. Yes, and Europeans, I see, are not particularly upset about the presence of this.

[sanik2020]

Greece. Her public debt is approaching an incredible 190% of GDP. At the same time, nothing changes for Athens in terms of debts - the country continues to live in debt and ask its main creditors to restructure it.

It’s just that the Greeks have not yet encountered Russian collectors and would have given back the debt, and they themselves would have gone into slavery, but they got so well settled. And they will lend and then forgive, there is nothing to give back, in Greece there is almost nothing Greek left except history.

[Ravil_Asnafovich]

Let them learn from Iceland, they generally refused to pay predatory loans.

[Pvi1206]

The biggest debt is with the USA ... so what? ... the main economic potential, and not debt or some other economic indicator ....

[orionvitt]

Quote: Pvi1206

The USA has the biggest debt ... so what? ... the main economic potential

And what is the US economic potential? Banks (the basis of American economic power), do not produce anything except zeroes. Let's see what will happen after the coronavirus, what is its potential.

[Finn]

Greece itself did not bend. Bankers transfer money to other countries at high interest rates.

[Corundum]

In! Estonia is ahead. True, an additional budget of 2,5 billion euros has now been adopted. Because of the epidemic.
How a state in Estonia helps out of a pandemic
For people who are left without work because of the coronavirus, the state compensates 70% of their salary (Average salary in Estonia is 1341 euros) How many promised minimum wages in the Russian Federation?

[Horst78]

Too shy to ask

For example, the national debt of Bulgaria was estimated at 20,4% of GDP, and the national debt of Estonia - only 8,4%.

EU subsidies in GDP are also included?

[pytar]

EU subsidies in GDP are also included?

Are credited. For Lithuania, Bulgaria and Hungary, subsidies from the EU are 2.5 -3% of GDP, and for Greece, Estonia, Latvia, Romania and Polsha approx. 2% of GDP.

[tatra]

As with GDP, the calculation of external debt under capitalism is biased. Luxembourg has a huge external debt, more than 3000%, but some say that it is the debt of private corporations, and the public debt is small. But these private traders will not take money from the air to repay debts, they, like the State, will repay debts from the money of their country.

[Golovan Jack]

Quote: tatra

private traders will repay debts from the money of their country

to tears

[A.TOR]

to tears

let me join

[orionvitt]

public debt is small compared to GDP - Luxembourg, Bulgaria and Estonia.

Of course small, they were all in subsidies. That is, those who gave money, those in debt (France, Italy), those who received, in chocolate. That's all you need to know about the European Union. (and also about Soviet, the same garbage was)

[pytar]

That is, those who gave money, those in debt (France, Italy), those who received, in chocolate.

And the real situation is "slightly" different ...
Holland contributes the largest share of its GDP to Euro funds - but it's only 0,47% from its GDP! Followed by Sweden, Germany, Denmark, Austria, France, etc. They have even lower interest!
Among the recipient countries, Luxembourg receives the most (the mini-state has its own specifics), followed by Lithuania, Estonia, Greece and Hungary. Shares of subsidies to GDP in these countries only 2-3%!
Consequently, neither the size of contributions, nor the size of subsidies, does not significantly affect the volume of external debts.

That's all you need to know about the European Union.

You need to know a lot more, otherwise you will get the wrong conclusions, like yours.

[orionvitt]

Quote: pytar

You need to know a lot more, otherwise you will get the wrong conclusions, as you

The conclusions are normal. You will not mislead with this digital balancing act. Whoever has a large economy, who works, has more debts. And whoever sits in the garden, scratches turnips and receives subsidies, everything seems to be fine with those. Again, I don't take into account Greece and Portugal, they are peculiar and they have old showdowns with "big Europe". In a nutshell, the strong were obliged to drag the weak, to their detriment. What is not clear here. The British jumped off in time, the only question is, will "Uncle Sam" help them? I doubt it.

[pytar]

Who has a large economy, who works, he has more debts.

Absolutely in size, yes! There are exceptions, though. But in the article we are talking about the ratio of debt to GDP! Accordingly, it is obvious - the situation is not the same and "your rule" does not work! In fact, everything is much simpler! If you spend more than you earn, you are in debt! It is so in everyday life! That is, the fiscal policy of the authorities in individual countries matters!
The British began to realize what a mistake they made when leaving the EU, but ... the train left ...