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Surplus for the fourth consecutive year; debt-to-GDP ratio falls close to 40 per cent
The latest General Government data published by the NSO and Eurostat confirmed that in 2019, the government recorded a surplus in public finances for the fourth consecutive year. As a result, the government debt-to-GDP ratio, which had surpassed the 60 per cent EU threshold to over 70 per cent pre-2013, has now fallen to 43.1…