By Brad Plumer – Take a peek at the debt-to-GDP ratios of various euro zone countries and you’ll notice a wide disparity. Greece’s debt is a whopping 144.9 percent of its economy. Italy’s is 118.4 percent. Seems unsustainable. But looking further down the list, a country like Finland’s debt sits at just 48.3 percent of GDP. In fact, if you look at the euro zone as a whole, the continent’s debt is a manageable 85 percent of GDP, less than that of the United States.
That’s partly why some economists have argued that if all of the euro zone countries simply banded together and issued one common euro bond, they could placate nervous investors. more> http://is.gd/iTJn7X
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