European debt levels

Alistair Darling is just about to announce the UK’s budget this Wednesday in the run-up to the forthcoming General Election, while the Eurozone countries stew over the fate of Greece and its implications for the European currency. In the reality of a world economic crisis, it’s everyone for himself, and Europe seems far from being a united community.
The following map compares the total debt of the EU-27 countries and the debt’s share of the GDP – revealing some interesting views: In sheer numbers, the PIGS are not alone (Greece, in fact, almost not counting). Eventually, we’re all in the same boat in the sea of gloom (click map for larger view)…

Map of debt and the debt/gdp ratio in the countries of the European Union 2010

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