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The general upward trend of public debt at global level is perceived to have a significant economic impact. This paper analyses the degree in which the public debt evolution in the European Union countries over the last two decades influences economic growth. The average results show moderate to low levels of correlation degrees. The modest impact between the two measures might be the consequence of the budgetary policies implemented in the EU with respect to the limits imposed to the publicdoaj:b084e23107354cb3b58cdfd67168b4c1 fatcat:rvxxognwxnhiroqb5n6e7n27gi