§ 21. Mr. Garnier
To ask the Chancellor of the Exchequer if he will list the gross general Government debt as a percentage of gross domestic product for European Union member states in 1994 in descending order. 
§ Mr. Aitken
The information requested is shown in the following table. This shows that among EU member720W states, only Luxembourg has a lower debt-GDP ratio than the United Kingdom.
Gross general Government debt up to 1994 as a percentage of GDP Belgium 140 Italy 124 Greece 121 Ireland 89 Sweden 79 Netherlands 79 Denmark 78 Portugal 70 Finland 70 Spain 64 Austria 65 Germany 51 France 50 United Kingdom1 49 Luxembourg 9
1 End March 1995
For UK, excessive deficits return 1 March 1995; for other EU countries, European Commission Economic Forecast, November 1994.