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(CNN) – As Eurozone ministers meet to discuss the debt problems of Ireland and Portugal and whether those nations need will need a bailout to shore up their finances.
If they do, they will be following in the footsteps of Greece, which was thrown a $146 billion (110 billion euro) lifeline earlier this year. But that came with conditions.
Greece is expected to bring its budget deficit down to the EU limit of 3 percent of GDP by 2014. But Greece is far from the only euro country with big deficits and high debt. Far from it.
A new report by the European Commission’s statistical bureau, Eurostat, showed Greece had the largest government deficit as a percent of GDP: 15.4 percent of GDP.
Where do the rest stack up? Here’s the rest of the top 10 European nations with the worst deficits in 2009:
* Ireland –14.4 percent
* UK – 11.4 percent
* Spain – 11.1 percent
* Latvia – 10.2 percent
* Portugal – 9.3 percent
* Lithuania – 9.2 percent
* Romania – 8.6 percent
* Slovakia – 7.9 percent
* France – 7.5 percent
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