| austerity | Reducing government spending and raising taxes, particularly in the context of trying to reduce the national debt.
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| debt held by the public | Government debt held by investors, as distinct from debt held by other government agencies or the Federal Reserve.
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| debt-to-GDP ratio | Ratio of national debt to GDP.
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| Eurozone | The countries that share the euro as their common currency.
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| primary (or noninterest) budget deficit | The budget deficit except for interest payments.
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| sovereign debt | Debt issued by a government.
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