This graph shows Europe’s real economy is still sick

Europe’s economy is still sick. Forecasts from the IMF in January show Eurowide GDP shrinking by 0.2% in 2013, following a contraction of 0.4% in 2012.

Despite recent improvements, government debt levels are now above 100% in Greece, Italy, Ireland and Portugal, as this chart from The Economist shows.

Greece’s remains exceptionally high, at 178% of GDP

Posted in: Infographic of the day, News

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