5.1 The causes of the economic crisis, Greece. The first cause of Deficit, the state government in the year.. 2552 fiscal deficit of Greece is 12.7% of GDP, above the level recommended by the European Union is set to about 4 times (ceiling of The Stability and. Growth Pact (SGP) by the European Union is set at a level not to exceed 3% of GDP)
5.2 from the deficit, the state government that resulted in a debt to the government of Greece soared to 112.6% of GDP in the year. . Prof. 2552 Which is higher than the levels recommended by the European Union is set to about 2-fold (ceiling of The Stability and Growth Pact (SGP), which the European Union is set at a level not exceeding 60% of GDP), given the number two. This is a very high figure. Compared with other countries in the Eurozone (the 16 countries that use the euro from EU 27 countries).
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