Eurozone Debt Crisis: Debt/Budget Comparisions Across the PIIGS, France and Germany

Heres a really useful (and informative) graphic from Der Spiegel.

It compares the 3 key economic indicators for the PIIGS, France and Germany. Note how the EZ crisis is now boiled down to just the pivotal 7 of the 17 members; the Franco-German leadership duo and the PIIGS crisis countries. For reference: the Maastricht Criteria for entry to the euro started that…

  • Sovereign Debt: GDP ‘ be 60%
  • Budget Deficit does not exceed -3%.

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