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		</div><p>The level of government borrowing in the 19-country eurozone has fallen to its lowest level since early 2008. Following years of often strict budget austerity, official figures show the deficit in the eurozone is at 1.4% of annual gross domestic product in the fourth quarter of 2016, from 1.6% in the previous three-month period.</p>
<p>This is the lowest rate since the first quarter of 2008, when it was also 1.4%. Later that year, the collapse of US investment bank Lehman Brothers triggered the most acute phase of the global financial crisis.</p>
<p>In the eurozone, the crisis exposed the underlying financial problems of certain countries, such as Greece, which led the eurozone deficit figure to rise as high as 7% in the third quarter of 2010.</p>
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