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Greek public debt still highest in EU

Greek public debt reached 168.8 pct of the country’s GDP in the first quarter of 2015, remaining the highest among EU member-states, Eurostat said on Wednesday.

The EU executive’s statistics office, in a report, said that the Greek public debt fell 5.5 pct compared with the same period in 2014.

In the Eurozone, the public debt/GDP rate grew to 92.9 pct in the January-March period, from 91.9 pct last year, while in the EU the debt/GDP rate grew to 88.2 pct from 86.2 pct over the same periods, respectively. Bulgaria recorded the biggest percentage increase in the first quarter (+10 pct).