Euro Debt Crisis

€URO DEBT CRISIS What is really going on in the Eurozone? The key indicators for comparing countries in Europe to help you understand what is going on a little better. TOTAL EUROZONE DEBT AS % OF GDP BOND YIELDS The way governments borrow money is by selling bonds -the interest rate, or "yield", is set when the debt is auctioned. This matters because as a country the higher the rate you have to sell your bonds at, the more you'll have to pay back. In short, the lower the figure the better. 79.4% » 85.2% » 87.3% 2009 2010 2011 GOVERNMENT GROSS DEBT AS % OF GDP |2.92 3.01 2011 2010 AUSTRIA As a whole, Europe owes €10.1 trillion. But it's more meaningful to look at the number as a percent of gross domestic product, or GDP. So, we want to see how much that debt is as a proportion of the whole economy-kind of equivalent to measuring your mortgage compared to the whole economic value of your household. |4.2 3.48 BELGIUM CYPRUS 14.6 FINLAND 2.51 DEBT OUTWEIGH GDP (80% and above) 2.82 |2.99 13 FRANCE 72.2 96.7 60.8 48.4 82.3 GERMANY 2.53 |18.04 11.52 AUSTRIA BELGIUM CYPRUS FINLAND FRANCE GREECE IRELAND 8.1 8.22 18.4 ITALY 5.97 4.18 84 142.8 94.9 119 2.37 2.94 LUXEMBOURG 4.26 |4.12 MALTA GERMANY GREECE IRELAND ITALY LUXEMBOURG 2.46 2.79 NETHERLANDS |11.72 6.91 PORTUGAL 37.2 5.16 3.77 SLOVENIA 67.1 63.7 92.9 60.1 |5.26 4.69 SPAIN MALTA NETHERLANDS PORTUGAL SLOVENIA SPAIN UNEMPLOYMENT RATE (other countries] Unemployment is the indicator with the most direct impact on real people's lives of those here. Traditionally, when there's a recession, unemployment lags behind-it goes up at the end of the recession and takes a while to come down again. This recession has not seen huge changes in overall unemployment yet, although the last year has seen a gradual rise. 43.7 39.7 54.5 75.5 94.4 DENMARK SWEDEN SWITZERLAND UNITED KINGDOM UNITED STATES 4.1 4.2 2011 2010 AUSTRIA GOVERNMENT DEBT PER CAPITA 6.6 17.9 BELGIUM 8.2 6.1 CYPRUS €31,206 €13,117 €16,220 7.8 8.1 €23,684 €26,043 FINLAND |9.8 MW 9.7 FRANCE |5.5 6.7 GERMANY AUSTRIAN BELGIAN CYPRIOT FINNISH FRENCH |18.3 14 GREECE 14.3 14.3 IRELAND €29,221 €33,105 €30,547 €13,580 €24,495 ITALY 8.5 W 8.2 4.7 14.7 LUXEMBOURG 6.7 6.8 GERMAN GREEK IRISH ITALIAN LUXEMBOURGERS MALTA NETHERLANDS 4.8 4.4 |12.9 W 12.3 €13,536 €13,881 PORTUGAL €22,637 SLOVENIA 7.9 W 7.7 €9,967 €5,103 |22.8 20.4 SPAIN MALTESE DUTCH PORTUGUESE SLOVENIAN SPAINISH SOURCES // EUROSTAT / KPI LIBRARY / GUARDIAN DATABLOG / IMF // VISUALIZED BY HANG I0 • WwW.HANGIO.NET