Press Release: New decision of Eurostat on deficit and debt: The statistical recording of operations undertaken by the European Financial Stability Facility

Eurostat, the statistical office of the European Union, on 27 January 2011, published a decision on the recording of operations undertaken by the European Financial Stability Facility (EFSF). Eurostat has decided that the funds raised in the framework of the EFSF must be recorded in the gross government debt of the euro area Member States participating in a support operation, in proportion to their share of the guarantee given.