Totality of on- and off-balance sheet liabilities of the EU public sector is cloaked in obscurity
Total EU public sector debt is shrouded in mystery
The totality of the public sector liabilities of EU and Eurozone member states is clouded in obscurity. The key measure tracked by Eurostat – ‘General government gross debt’ – is circumvented to such an extent that, based on year-end 2021 figures, debts of around €6.4 trillion failed […]