Support for financial institutions increases government deficits in 2012

Author (Corporate)
Series Title
Series Details No.10, 2013 (22.4.13)
Publication Date 22/04/2013
ISSN 1977-0316
EC KS-SF-13-010-EN-N
Content Type

In 2012, public interventions to support financial institutions, notably in the form of bank recapitalisations, increased government deficits in a majority of Member States that reported such interventions. The increase was particularly large in Greece (4.0 percentage points of GDP) and Spain (3.6 percentage points of GDP).

Source Link Link to Main Source http://ec.europa.eu/eurostat/documents/3433488/5585840/KS-SF-13-010-EN.PDF
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