Eurostat: Italy, Hungary, and Romania had highest government deficit in EU 2023

The government deficit in the European Union increased from 3.2% of GDP in 2022 to 3.5% in 2023, the highest deficit being recorded last year in Italy (minus 7.2%), Hungary (minus 6.7% ) and Romania (minus 6.5%), according to the data published on Tuesday by the European Statistical Office (Eurostat).   In the euro area, the government deficit rose from 3.5% of GDP in 2022 to 3.6% in 2023.   Last year, all EU ...

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