If you still 2,001th Estonia was a private and legal entities, and government debt (red line in graph), only 53.2% of gross domestic product (GDP, blue line), then five years later they had become equal.
Debt burden of GDP exceeded the 2007th year and reached 108.3 percent. The ensuing increase in the debt burden: 2008. was 116.7 percent, 2009. was 124.6 percent and 115.2 percent decline last year. As of today, can be predicted by 121.5 per cent increase in the debt burden, as predicted on the basis of Estonia's gross domestic product last year and added to the EFSF koguvälisvõlale-ile the surety of two billion Euros. The real burden of debt depends, of course, commercial banks, loans and economic growth, but it can be obtained only at the end of the year. Bank of Estonia predicts 6.3 percent growth this year and 100.9 percent of total external debt.
Estonia's gross domestic product (GDP, blue line) and the private and legal persons in the total external debt (red line) of data by the Bank of Estonia in the period 2001-2010 (in million euros). From 2007. Since Estonia's debt is greater than the gross domestic product. Schedule: Virgo Screws
Next to the graph, we see that the last four years has been Estonia's debt 108.3 to 124.6 per cent of GDP and there is no reason to believe that it could fall over the coming years. We can be consoled by the general government debt was 754.1 million euros last year, or 5.3% of GDP in the European Union and that it is small, even compared to 2001. 190.8 million in the year in ten years has increased 395% (754.1 million). The only decrease occurred in the 2007th year, and it was 39.1 million euros, or 8.1%. European Union, while other countries are catching up with the debt burden. Greek government's foreign debt last year was 142.8% of GDP this year and 150.9%.
Estonia's accession to EFSF-every means of public debt burden of EUR 2 billion, adding that a 365 - percent (!) Increases.
VIRGO Screws, Euro MEP NGOs
10/12/2011 This article originally appeared in the newspaper "Midweek", and can be found online:
http://www.kesknadal.ee/est/g2/uudised?id=17659
