Thursday, January 22, 2015



IWS Documented News Service


Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau


This service is supported, in part, by donations. Please consider making a donation by following the instructions at


European Commission



Press Release 22 January 2015

Third quarter of 2014 compared with second quarter of 2014

Government debt fell to 92.1% of GDP in euro area

Down to 86.6% in EU28


At the end of the third quarter of 2014, the government debt1 to GDP ratio2 in the euro area3 (EA18) stood at 92.1%, compared with 92.7% at the end of the second quarter of 2014. In the EU283, the ratio decreased from

87.0% to 86.6%. This decrease in the EU28 government debt to GDP ratio comes after fifteen consecutive quarters of increase. Compared with the third quarter of 2013, the government debt to GDP ratio rose in both the euro area (from 91.1% to 92.1%) and the EU28 (from 85.3% to 86.6%).

AND MUCH MORE...including TABLES....





Government statistics (gov)


Government finance statistics (EDP and ESA2010) (gov_gfs10)


Annual government finance statistics (gov_10a)


Government revenue, expenditure and main aggregates (gov_10a_main)


Government deficit and debt (gov_10dd)


Government deficit/surplus, debt and associated data (gov_10dd_edpt1)


Transition from the working balance to the deficit/surplus (gov_10dd_edpt2)



Transition from the deficit/surplus to the change in debt (gov_10dd_edpt3)


Quarterly government finance statistics (gov_10q)


Quarterly non-financial accounts for general government (gov_10q_ggnfa)


Quarterly financial accounts for general government (gov_10q_ggfa)



Quarterly government debt (gov_10q_ggdebt)


Government statistics – historical ESA95 data (gov_h)


Annual government finance statistics (gov_a)


Government revenue, expenditure and main aggregates (gov_a_main)


General government expenditure by function (COFOG) (gov_a_exp)



Main national accounts tax aggregates (gov_a_tax_ag)


Derived tax indicators (gov_a_tax)


Implicit tax rates by economic function (gov_a_tax_itr)


Structure of taxes by economic function (gov_a_tax_str)


Structure of government debt (gov_dd_sgd)


Central government debt (gov_dd_cgd)


General government debt (gov_dd_ggd)



State government debt (gov_dd_slgd)


Local government debt (gov_dd_logd)



Social security funds debt (gov_dd_ssfd)


Debt by currency of issue (gov_dd_dcur)



State guarantee (gov_dd_guar)


Quarterly government finance statistics (gov_q)


Quarterly non-financial accounts for general government (gov_q_ggnfa)


Quarterly financial accounts for general government (gov_q_ggfa)



Quarterly government debt (gov_q_ggdebt)



This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.










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