Bloomberg have posted up the European Q4 2013 debt numbers and while many countries are lower in the different sectors, it still makes for some ugly reading.
Here’s the rundown;
Looking good Luxembourg
Household debt continues to move slowly in the right direction.
Eurozone household debt 12 05 2014
Out of the big boys France looks to be the worry.
Financial corporate debt highlights where Luxembourg’s problems lay.
Eurozone corporate debt 12 05 2014
Debt is going the right way, in the main, but the numbers just go to show that for all the positive comments the eurobods spin us about the state of Europe, there’s still plenty of risks lurking under the surface.
