23 октомври 2026
Macroeconomic Monitor

2023.05.09

How the euro increases government debt

The introduction of the euro usually breaks fiscal discipline, causing government debt to increase. This phenomenon has been observed for a long time, since the very creation of the eurozone in the countries that founded it. Debt burden of a country The ratio of public debt to gross domestic product (GDP) in a country is the most appropriate indicator …

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