Italy, France surpass €3 trillion debt threshold

Italy has joined France in exceeding the €3 trillion threshold in public debt, with official data showing it increased by more than €100 billion in 2025, reaching €3.095 trillion.

Italy recorded a ratio of 137.1%, the highest in the EU after Greece, which stands at 146.1%, according to Eurostat.

France follows at 115.5%, with debt surpassing €3.5 trillion. It’s followed by Belgium at 107.9% and Spain at 100.7%.

Germany’s public debt also grew by nearly €150 billion, reaching over €2.8 trillion.

Across the European Union, the average debt-to-GDP ratio rose from 80.7% in 2024 to 81.7% in 2025.

By Bakhtiyar Abbasov