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Greece set to lose eurozone’s highest debt burden to Italy

Greece is expected to no longer hold the title of the eurozone’s most indebted country by the end of the year, with public debt projected to fall below that of Italy. According to senior Greek officials cited by Reuters, Greece’s debt-to-GDP ratio is forecast to decline to around 137 per cent this year, down from 145 per cent in 2025. Italy, meanwhile, expects its debt to increase from 137.1 per cent of GDP in 2025 to 138.6 per cent in 2026, based on figures included in the country’s newly released multi-year budget plan [...]