Figure 2.3 Gross Debt Development
BELGIUM
GERMANY


— RDEBT----NDEBT---DEBT(rhs)
RDEBT NDEBT DEBT(rhs)
GREECE
SPAIN

1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005

RDEBT-----NDEBT DEBT(rhs)
RDEBT-----NDEBT---DEBT(rhs)
52
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