That marks a drop of 0.7% compared to the last quarter of 2014.
General government gross debt was recorded in the first quarter of this year at €18.7 billion while in the last quarter of 2014 it was nearly €18.82 billion
The greatest debt as a GDP percentage was recorded in the first quarter of 2015 in Greece (168.8%), Italy (135.1%) and Portugal (129.6%).
On the opposite side of the spectrum the lowest general government gross debt was recorded in Estonia (10.5%), Luxembourg (21.6%) and Bulgaria (29.6%).
Source: Famagusta Gazette
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
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