People across the worst hit countries by the proposed austerity measures to reduce national debt levels gathered on the streets of many European cities to protest against public spending cuts. The financial crash hugely affected many government across the EU with little signs of a quick recovery of the public debt levels.
The following map shows how Europe is left in deficit two years after Lehman (and that in fact the EURO zone isn’t worse off than EU members without the common currency). There may be signs of recovery, but this picture will certainly stay with us for a while:
This map has been created by Benjamin Hennig and is property of the SASI Research Group (University of Sheffield). We welcome the use of our maps under the Creative Commons conditions; please contact us for further details – we also appreciate a notification if you used our maps somewhere else. High resolution and customized maps are available on request.
