Across the EU, the structure of general government gross debt differs significantly between countries. These differences relate for example to the initial and remaining maturity of debt, the debt instruments used and the main institutional sectors holding the debt. However, when considering the currency denomination of general government gross debt, a more uniform picture emerges. At the end of 2025, for all euro area (EA20) members, all or almost all (more than 99.5%) of their general government gross debt at face value was denominated in euro. [...]