Asaresultofthecrisis,publicdebtinall27EUMemberStatesjumpedfrombelow60%ofGDPin2007to80%fortheyearstocome.Thefinancialsectorhasreceivedsubstantialfinancialsupportfromgovernments.
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As a result of the crisis, public debt in all 27 EU Member States jumped from below 60% of GDP in 2007 to 80% for the years to come. The financial sector has received substantial financial support from governments.