Europe: Eurozone Public Debt Falls, but Still Rising in Italy, Greece

The eurozone's average debt-to-GDP ratio fell from 87.1 to 85.1 percent year on year in the last quarter of 2018, according to an April 24 news release from Eurostat. However, the debt-to-GDP ratios in Greece and Italy increased by 5 and 0.8 percentage points, respectively....