Europe in debt

European public debt at a glance STORY HIGHLIGHTSFourteen out of 27 European Union countries in the European Union had public debt exceeding 60% of their GDPGreece and Italy had debt exceeding 100% of their GDPGovernment debt for all 27 member states increased from 74.4% in 2009 to 80.0% of GDP in 2010 (CNN) -- Fourteen out of 27 countries in the European Union had public debt exceeding 60% of their gross domestic product at the end of 2010, according to official statistics.

The report by Eurostat, the statistical office of the European Union, showed that the ratio of government debt to GDP across all 27 member states increased from 74.4% in 2009 to 80.0% in 2010.

For the 17 euro zone countries, the debt is even higher, increasing from 79.3% in 2009 to 85.1% last year.

Topping the European debt league is Greece with 142.8% government debt to GDP ratio, followed by Italy (119.0%), Belgium (96.8%) Ireland (96.2%), Portugal (93.0%), Germany (83.2%), France (81.7%) Hungary (80.2%) and the United Kingdom (80.0%).

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