Romania, one of largest government deficit in EU in 2020
Publicat:All EU member states ended 2020 with a government deficit, but the highest values were registered in Spain (11% of GDP), Malta (10.1% of GDP), Greece (9.7% of GDP), Italy (9.5% of GDP), Belgium (9.4% of GDP), France and Germany (both with a deficit of 9.2% of GDP), according to the preliminary data published on Thursday by Eurostat.
According to these numbers, based on the ESA methodology, Denmark was the only EU member country that had a government deficit lower than the 3% limit of the GDP, as provided for in the Stability and Growth Pact (SGP).
At the level of the European…
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