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Public budgets are falling into disarray – No major industrial<br />
nation could fulfill the Maastricht criteria<br />
Public budgets 2010 – budget deficit and public debt [in % of GDP]<br />
Budget deficit<br />
0<br />
-5<br />
-10<br />
-15<br />
-20<br />
-25<br />
-30<br />
-35<br />
Source: EIU<br />
Japan<br />
Greece<br />
Italy<br />
Germany Brasil<br />
India<br />
Eurozone<br />
Portugal<br />
EU-27<br />
USA<br />
France UK Spain<br />
Ireland<br />
Maastricht-criterion 60%<br />
Mexico<br />
Russia<br />
-200 -190 -180 -170 -160 -150 -140 -130 -120 -110 -100 -90 -80 -70 -60 -50 -40 -30 -20 -10 0<br />
China<br />
Maastrichtcriterion<br />
3%<br />
Public debt<br />
<strong>European</strong> <strong>Private</strong> <strong>Equity</strong> <strong>Outlook</strong> <strong>2011</strong>_Final_010411.PPTX 15
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