Greek debt,now estimated at 13 percent of its gross domestic output, is more than four times higher than the limit imposed by the European Union.

VOA: standard.2010.03.11

And as governments invest heavily in economic stimulus plans, their deficits are expected to soar to about 7.5 percent of gross domestic product - more than twice the limit allowed under EU rules.

VOA: standard.2009.05.04

Mr Kerviel did not have a defined gross-exposure limit.

ECONOMIST: Soci��t�� G��n��rale

At the same time, its budget deficit is expected to hit 4.8% this year, well above the EU limit of 3% of gross domestic product.

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Therefore, meeting Social Security obligations in August, September and all future months in this fashion would add nothing to the gross government debt subject to the debt limit.

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