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Old 24-03-2013, 21:42
Nick1966
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Join Date: Oct 2005
Location: North London
Posts: 13,315
That our level of debt in 2008 was pretty much lower than all our economic contemporaries, in fact quite considerably lower than most.
Wiki paints a gloomier picture of UK government debt. Of the 27 member states, only Greece, Ireland, Italy, Belgium and Portugal having higher debt to GDP ratios.

http://en.wikipedia.org/wiki/Eu_econ..._member_states

Indeed, of the EU countries outside the eurozone, the UK has the highest government debt and highest annual deficit.
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