Eurozone Budget Deficit
Fiscal bleeding in the Euro area continues, as the average budget deficit (expenditures are larger than revenues) reaches 6 percent of GDP. This is twice the original target of 3 percent of GDP maximum among EU member economies.
source: http://www.tradingeconomics.com/euro-area/government-budget
More budget deficit simply means more borrowings, when those governments should in fact reduce borrowings to limit the pile up of their public debt.
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