Europe

The FINANCIAL -- At the end of the first quarter of 2015, the government debt1 to GDP ratio2 in the euro area3 (EA19) stood at 92.9%, compared with 92.0% at the end of the fourth quarter of 2014. In the EU283, the ratio increased from 86.9% to 88.2%. Compared with the first quarter of 2014, the government debt to GDP ratio rose in both the euro area (from 91.9% to 92.9%) and the EU28 (from 86.2% ...

The FINANCIAL -- The EU281 seasonally adjusted external current account2 recorded a surplus of €13.0 billion in May 2015, compared with a surplus of €11.9 bn in April 2015 and a surplus of €4.8 ...