"Eurozone: three countries have debt-to-income ratios of more than 300%Figures
expose indebtedness of eurozone governments in relation to government revenues –
UK is sixth with ratio of 212% Germany must leave THIS Euro and give the
leadership back to France. They originated that non-working currency by linking
every country together. The Bundesbank WARNED and only by this pressure the
Maastricht rules were established.... But this rules were until today 60
times! broken. France and their socialists are the biggest danger in Europe,
they are be able to raise hate against countries by continuing the non-working
ideological driven politics. The development in Italy underlines the necessary
split of the currency. Where is England to avoid this rising conflicts between
the EWU countries? Why do they sit back and wait? In the end the Germans are (as
always) the bad guys. Three eurozone countries – Ireland, Greece and Portugal –
now have debt-to-income ratios of more than 300%. Ireland Greece and
Portugal are laboring under debt-to-income ratios of more than 300%, according
to figures that expose the indebtedness of eurozone governments in relation to
their government revenues. The measure, intended to show governments' abilities
to pay debts, shows Ireland's total debt in 2012 was €192bn (£163.1bn), or 340%
of the government's income. Ireland came a narrow second in the table to fellow
bail-out recipient Greece, which has amassed an even worse debt-to-revenue total
of 351%. Portugal – which has also received aid from the troika of the
International Monetary Fund, the European commission and the European Central
Bank – came third with a debt-to-revenue ratio of 302%, while Britain was sixth
last year on the list of 27 EU member states, with a debt-to-revenue ratio of
212%, according to calculations based on European commission figures."
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