General government debt rises to 205.6 pct of GDP in 2020

EconomyMacroeconomy Tags: Budget, Debt, ELSTAT
Photo by MacroPolis
Photo by MacroPolis

Greece’s general government debt rose to 205.6 percent of gross domestic product last year as the coronavirus pandemic sunk economic output.

The public debt, in nominal amounts, rose to 341 billion euros, an increase of 10 billion euros from the year before, according to the first notification of 2020 fiscal data from the Hellenic Statistical Authority (ELSTAT) on Thursday. Nominal GDP fell ...

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