The European debt crisis, in one interactive map

at 09:29 AM ET, 12/07/2011

Via Matthew Yglesias, the New America Foundation has created a nifty interactive map of the European debt crisis that lets you take a closer look at the different countries involved:

One noteworthy tidbit here is that Greece’s government spending, as a percentage of GDP, isn’t all that much higher than Germany’s (48.05 percent versus 45.79 percent). On the other hand, Greece’s tax revenues are grossly inadequate, which helps explain why the country is now insolvent. Meanwhile, Finland is one of the highest-spending European countries of all (53.89 percent of GDP) but has found a way to live within its means and keep its debt burden manageable.

 
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