Greece s ratio of public debt service to GDP is similar to that of Portugal, or even Italy.

The ratio of total public debt to GDP was less than 22 in 2007 2008, before the global financial crisis.

A contentious redefinition of public debt

And finally the government debt ratio was 29.4 of GDP in 2007, well below the maximum ratio of 60.0 .

Moreover, Iceland s public debt GDP ratio now stands at 100 , compared to only 42 in Latvia.

Starting from 1999, the first year of recession, fiscal deficits rose substantially, alongside the public debt to GDP ratio.

Indeed, the OECD now estimates that public debt to GDP ratios in advanced economies will rise to an average of around 100 of GDP.

a Excludes official public debt.

Blanchard is a pioneer in the economics of public debt.

The use of longer maturity fixed rate instruments could help prevent pro cyclical effects caused by the Government's interest payments and funding requirements.

Some of Greece s national debt is owed to Greeks, by the way.

Owing to strong GDP growth, the debt to GDP ratio decreased from 100.2 per cent to 95.1 per cent.

A public debt crisis in Japan (as the combination of recession, deflation, and high deficits drove up the debt GDP ratio).

Future generations are being saddled with an explosion of public debt.

А screenshot of the removed web app displaying the state of Macedonia's public debt.

The Sustainable Investment Rule states that over the economic cycle, the ratio of net public sector debt to GDP will be set at a stable and prudent level 40 of GDP.

The combination of all these factors contributed to an acceleration of government debt accumulation and made debt service difficult or impossible.

Remarkably, Japanese savers soak up some 95 of their government s debt.

Noted the request of Iraq for the cancellation or reduction of their sovereign debt.

UNDP helps Vietnam in improving capacity for handling the public debt and in public administration reform, effectively supported Egypt to strengthen the capacity of the Ministry of Foreign Trade for economic management, and improved customs operations in Yemen.

This, too, complicates the public debt dynamics and impedes the restoration of public debt sustainability.

The starting points are a 40 public debt to GDP ratio and an average budget deficit that, as a share of GDP, is four percentage points lower than in the advanced world.

In the first half of 1997, the Russian economy showed some signs of improvement.

Furthermore, Greece would commit itself to an automatically implemented fiscal plan, specifying the long run ratio of national debt to GDP, the convergence rate to this ratio, and the degree of fiscal counter cyclicality.

In Europe, risks spreads are rising on Italian and Spanish sovereign debt.

This time, the unemployment rate and household and government debt are much higher.

Its rapidly rising public debt is set to top 100 of GDP this year.

In short, with low enough interest rates, any debt to GDP ratio is manageable.

Chief among these changes has been the adoption, in most countries, of flexible exchange rates and reduction of external debt, particularly government debt.

The debt GDP ratio was expected to top out at 150 absent the substantial write down of privately held debt, which was deemed unnecessary, the ratio would have been close to 250 .

Indeed, the government debt to GDP ratio is about 20 , compared with more than 80 in the United States, 160 in Japan, and 60 90 in Europe.

China s budget was actually in surplus and its government debt to GDP ratio was only 21 before the crisis (now it is about 24 ), much lower than any other major economy.

Advanced countries need credible medium term plans to stabilize and reduce public debt.

In the US side, the integrity of sovereign debt was kept in question for too long. During those months of political dithering, US treasuries became a riskier asset.

Nor could we find any convergence regarding government deficits and debt.

In the US side, the integrity of sovereign debt was kept in question for too long.

The government has pledged to apply the proceeds of sales to reducing the public debt and the budget deficit.

The expenditure cuts mandated by the outcome of the debt ceiling debate will reduce economic activity, thereby undermining growth and making debt reduction even more difficult.

Despite significantly lower debt GDP ratios and continuous debt restructuring, they eventually needed the large debt reduction that came with the issuance of Brady bonds to achieve some breathing room.

In 2007, the mortgage and consumer debt to GDP ratio was more than 90 , compared to 24 for net foreign debt.

Over time, the eurozone countries would inevitably have to refinance most of Greece s public debt.

And the government debt to GDP ratio is around 190 , compared to 120 in Greece.

More broadly, the ECB s marginal lending facility is an indirect means of monetizing sovereign debt.

And it will make it even harder to find a medium term solution to America s worsening public debt and deficit dynamics.

But, according to the US Treasury Department, overseas investors sold a record 54.5 billion in long term US debt in April of this year, with China slashing its holdings by 5.4 billion. This dumping of US government debt by foreign investors heralds the end of an era of cheap financing for the US.