"Greece Will No Longer Be the Most Indebted Country in the Euro Area, Supports an Official of the Government of Athens
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For the first time, Italy is about to remain behind Greece and become the most indebted country in the euro area. While Greece's debt has been steadily declining since 2020, Italy has seen an increase of just under 1% in the last three years.
Greece will no longer be the most indebted country in the euro area, with public debt falling below that of Italy by the end of this year, writes the international press reading sources and data from Italy's new budget plan.
Public debt: Italy dethrones Greece and becomes the most indebted country in the euro area A geopolitical upheaval is emerging in the heart of monetary Europe. Italy is about to delight Greece with the sad privilege of being the most indebted country in the euro area, with a debt-to-GDP ratio of 138.6% compared to 137% for Athens by the end of 2026. This reversal of roles, confirmed by the latest Italian budget projections and documented by BFMT…
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