The European Countries That Are Most Afraid Of Public Debt

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Thursday, January 24, 2013 The European Countries That Are Most Afraid Of Public Debt A recent Eurobarometer survey was conducted in Europe, and it asked participants for the biggest threat that their country faces. "34% of the respondents in Germany (DE) named public debt as one of the two main problems," writes Deutsche Bank's Stefan Vetter. "This is by far the highest number in Europe. A significant proportion of citizens who express their concern about the evolution of public debt can also be found in Austria (24%) and Belgium (23%)." What's surprising is that debt-laden countries like Spain (ES), Italy (IT), and Portugal (PT) were close to the bottom of that list. Vetter explains: However, the fact that in countries with high public debt levels relatively few respondents mentioned this as one of the main issues should not automatically be interpreted as disregard for the importance of sustainable public finances. The explanation is rather that the economic situation and the high unemployment rates in these countries provide much more cause for concern than in Germany. So, regardless of whether they believe high debt is the cause of a country's economic woes, the citizens are more likely to point to be more concerned about immediate and visible threats. From Deutsche Bank: Read » Also On Money Game Today: Canada Continues To Report Horrific Home Sales Numbers FINANCIAL ADVISOR INSIGHTS: Tail Risk Hedging Is Crucial In Portfolio Construction Advertisement CHART OF THE DAY: $2.1 Trillion Powder Keg Near The Heart Of The Chinese Banking System CHART OF THE DAY: Why The Price Of Your Home Will Keep Going Up CHART OF THE DAY: The Weak Link Of The US Housing Market Story Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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