Oireachtas Joint and Select Committees

Tuesday, 6 December 2016

Committee on Budgetary Oversight

EU Directorate-General Economic and Financial Affairs: Discussion

5:00 pm

Mr. Carlos Martínez Mongay:

I think some countries are reducing the total amount of debt. On examining the nominal data, I see that there are countries reducing the ratio of the debt to GDP very quickly - some more quickly than others. This ratio is our main concern in analysing sustainability.

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