Who is Fly For?
The economic crisis that has been hitting the world in the recent years revealed serious gaps in financial literacy and financial management skills of populations across countries, nations, genders and age groups. Countries as well as individuals executing poor or wrong financial management steps contribute to global economic instability and mal-performance. Although not all EU countries have been affected by the consequences of the crisis to the same extent, the need for higher financial literacy of the EU population has been expressed by the European Commission in 2008 when the Expert Group on Financial Education was set up. The rising indebtedness on both individual and national level within the EU is only a one of the facts proving the need for more joint effort concerning improvement of financial literacy of the EU citizens.
Are you curious to find out what is the different debt percentage arround the different EU member states? Now you have access to real time clocks of the national debt and the budget surplus/deficit of the member countries of the European Union (EU) under the Maastricht Treaty in percent of GDP (debt to GDP ratio, surplus/deficit to GDP ratio). According to the Maastricht Treaty, the national debt should not exceed 60.0 percent of GDP and the deficit should not exceed 3.0 percent of GDP.
You can find the information you need here: debtclocks.eu/comparison.