A look at deficits across the eurozone

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Associated Press

Posted on April 22, 2013 at 4:30 AM

Updated Monday, Apr 22 at 4:30 AM

Government deficits for the 17-country eurozone edged down as a whole in 2012 from 2011. Deficits rose, however, in the countries imposing the toughest austerity measures.

Here's a look at public deficit levels in the currency bloc:

European government deficit (-) or surplus (+) calculated as percentage of annual GDP

Country2009201020112012
Austria-4.1-4.5-2.5-2.5
Belgium-5.6-3.8-3.7-3.9
Cyprus-6.1-5.3-6.3-6.3
Estonia-2.00.21.2-0.3
Finland-2.5-2.5-0.8-1.9
France-7.5-7.1-5.3-4.8
Germany-3.1-4.1-0.80.2
Greece-15.6-10.7-9.5-10.0
Ireland-13.9-30.8-13.4-7.6
Italy-5.5-4.5-3.8-3.0
Luxembourg-0.8-0.9-0.2-0.8
Malta-3.7-3.6-2.8-3.3
Netherlands-5.6-5.1-4.5-4.1
Portugal-10.2-9.8-4.4-6.4
Slovenia-6.2-5.9-6.4-4.0
Slovakia-8.0-7.7-5.1-4.3
Spain-11.2-9.7-9.4-10.6
17-country eurozone-6.4-6.2-4.2-3.7
27-country EU-6.9-6.5-4.4-4.0
Source: Eurostat

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