The Status of Public Debt in Cyprus and Europe in 2025
August 31, 2025
As of the first quarter of 2025, total national debt in Europe reaches €15.2 trillion, with France, Italy, and Germany accounting for nearly two-thirds of this amount. Cyprus stands out by recording the largest debt reduction, projected to drop to 57% by the end of 2025. In contrast to countries like Greece, which has the highest debt-to-GDP ratio, Cyprus has made significant progress. The analysis highlights extensive inequalities in Europe regarding debt, with Estonia experiencing the largest increase over the past decade. Overall, the situation of public debt in Europe is multifaceted and complex.