AlHijjah 18, 1434, Oct 23, 2013, SPA -- The eurozone's debt level ballooned in the second quarter, with Greece having the region's highest debt ratio, according to figures released Wednesday. The combined debt for the 17-member currency bloc stood at 93.4 per cent of gross domestic product(GDP) in the three months to the end of June compared with 92.3 per cent in the first quarter, the European Union's statistics Eurostat said. Debt levels for nations at the centre of the eurozone's financial crisis continued to climb in the second quarter with Greece's debt ratio rising to 169.1 per cent compared with 160.5 per cent in the first three months of the year, dpa reported. The region's second-quarter debt ratio was well above the 60 per cent that is required under the fiscal rules for euro member states.
