Sep 11, 2009
Rimsevics: State debt may exceed 60% of GDP
State debt may exceed 60 percent of gross domestic product in 2011, Rimsevics said. The debt ratio may fall below 60 percent the following year in time for meeting criteria to adopt the euro in 2014, he said. State debt was below 10 percent of GDP in 2007.
Dear Mr. Rimsevics, I am decently asking how could it be you have mixed up this statement with previous credo about Debt/GDP ratio (<60%). Please let me know where my interpretations are wrong when I compare the above words with this interview.
Once again I am watching it and feel uncomfortable. Especially at 4:00. I am worried, because I am not sure whether I won’t make such misinterpretations in future.
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