"37,700 euros: Euro zone debt per working-age person in 2011
Pressure has built on France and Germany to shore up the finances of their struggling partners in the euro zone, but the two countries have debt issues of their own that could limit the amount of help they can extend.
Greece, Ireland and Italy have been at the forefront of the sovereign debt crisis in the euro zone and for good reason. They have the highest debt per working-age person in the common-currency region. According to data from the European Commission, Greece has some 47,000 euros of debt per capita, while Ireland and Italy have 55,000 euros and 48,000 euros, respectively. The euro zone average is 37,700 euros.
France and Germany are better off than Greece, Ireland and Italy, but they’re still above the euro zone average. France has 40,000 euros in debt for each person in the country, while Germany is at 39,000 euros per capita. That puts both of them above Portugal and Spain, which are often lumped in with the struggling periphery. Portugal debt per capita is 25,000 euros, while Spain’s is 24,000 euros..."
at http://blogs.wsj.com/economics/2011/11/26/number-of-the-week-germany-france-not-immune-to-debt-problems/?mod=WSJBlog
Pressure has built on France and Germany to shore up the finances of their struggling partners in the euro zone, but the two countries have debt issues of their own that could limit the amount of help they can extend.
Greece, Ireland and Italy have been at the forefront of the sovereign debt crisis in the euro zone and for good reason. They have the highest debt per working-age person in the common-currency region. According to data from the European Commission, Greece has some 47,000 euros of debt per capita, while Ireland and Italy have 55,000 euros and 48,000 euros, respectively. The euro zone average is 37,700 euros.
France and Germany are better off than Greece, Ireland and Italy, but they’re still above the euro zone average. France has 40,000 euros in debt for each person in the country, while Germany is at 39,000 euros per capita. That puts both of them above Portugal and Spain, which are often lumped in with the struggling periphery. Portugal debt per capita is 25,000 euros, while Spain’s is 24,000 euros..."
at http://blogs.wsj.com/economics/2011/11/26/number-of-the-week-germany-france-not-immune-to-debt-problems/?mod=WSJBlog
