Before the crisis Ireland, Spain, Estonia, Luxembourgh and Finland were the only countries that never broke the rules. Especially notice France and Germany, which both had a debt higher than 60% every year since 2003. France had a deficit higher than 3% for 2002-2004 and Germany for 2001-2005.
This chart shows the deficits per year for all the Euro Zone countries from 2000-2010.
This chart shows how the government debt changed per year for all the Euro Zone countries from 2000-2010.
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Macrobusiness |
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