iOS app Android app More

Europe's Debt Crisis: A Country-By-Country Guide (PHOTOS)

First Posted: 06/01/10 05:38 PM ET   Updated: 05/25/11 05:40 PM ET

LONDON (AP) - Europe's governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic turmoil.

Here are thumbnail sketches of how some of the countries involved are faring -- and what they're doing to escape the crisis.

Belgium
1 of 11
2009 debt: 96.7 percent of GDP

Deficit: 6 percent.

2010 growth estimate: 1.3 percent.

2011 estimate: 1.6 percent.

Unemployment rate in March: 8.1 percent.

Belgium's reliance on trade has hurt the economy in the last two years ago, but the recent recovery in European exports — many routed through the busy port of Antwerp — has helped the economy return to growth. However, the country's persistent budget deficits and uncertainty over political reforms that could transfer more power from the federal government to the regions mean that it may face problems curbing a debt mountain that will top 100 percent in 2011.
Total comments: 176 | Post a Comment
1 of 11
Rate This Slide
On The Road To Recovery
Troubling Looming

  • 1

  • 2

  • 3

  • 4

  • 5

  • 6

  • 7

  • 8

  • 9

  • 10
Current Top 5 Slides
Users who voted on this slide
loading...

FOLLOW HUFFPOST BUSINESS
Subscribe to the HuffPost Money newsletter!
Filed by Sara Yin  |