{"id":524476,"date":"2026-06-08T11:48:13","date_gmt":"2026-06-08T11:48:13","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/524476\/"},"modified":"2026-06-08T11:48:13","modified_gmt":"2026-06-08T11:48:13","slug":"government-gross-debt-of-euro-area-largely-in-euro-news-articles","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/524476\/","title":{"rendered":"Government gross debt of euro area largely in euro – News articles"},"content":{"rendered":"

Across the EU<\/a>, the structure of general government<\/a> gross debt<\/a> differs significantly between countries. These differences relate for example to the initial and remaining maturity<\/a> of debt, the debt instruments<\/a> used and the main institutional sectors<\/a> holding the debt. However, when considering the currency denomination of general government gross debt, a more uniform picture emerges.<\/p>\n

At the end of 2025, for all euro area<\/a> (EA20) members, all or almost all (more than 99.5%) of their general government gross debt at face value was denominated in euro.\u00a0<\/p>\n

Similarly, in Czechia and Sweden, over 90% of general government gross debt was denominated in their national currencies. \u00a0<\/p>\n

\"General<\/a><\/p>\n

Source dataset: gov_10dd_dcur<\/a><\/p>\n

Only for 2 EU countries, more than 50% of their general government gross debt was denominated in foreign currencies at the end of 2025: Bulgaria (75%, with 71% of debt denominated in euro) and Romania (53%). Significant shares of foreign currency debt were also noted for Hungary (32%), Poland (26%) and Denmark (24%).<\/p>\n

The majority of all non-euro area EU countries\u2019 foreign currency debt at the end of 2025 was denominated in euro. For all EU countries, over 90% of general government gross debt was denominated either in euro, or in their national currency for non-euro area EU countries.<\/p>\n

This information comes from data on general government debt in the EU<\/a> published by Eurostat today. The article presents a few findings from the more detailed Statistics Explained article<\/a>, which also covers data by debt instrument, sector of debt holder, initial and remaining maturity of debt, transactions in debt instruments, as well as government guarantees.<\/p>\n

Apparent cost of debt slightly increased or remained stable in most EU countries between 2024 and 2025<\/p>\n

In most EU countries for which data were available, the apparent cost of the government debt slightly increased or remained stable between 2024 and 2025.\u00a0<\/p>\n

The highest apparent cost of general government gross debt among countries for which data were available was reported by Romania (5.2%), followed by Poland (4.5%), Czechia (3.1%) and Italy (3.0%). The lowest apparent cost of debt was noted for Ireland (1.4%), followed by Luxembourg (1.5%), the Netherlands (1.7%), Germany (1.8%) as well as France, Finland and Sweden (all +1.9%).<\/p>\n

By contrast, the apparent cost of debt decreased in 2025 in 7 EU countries. The highest decreases were noted in Estonia (-0.8 pp), Sweden (-0.3 pp) and Croatia (-0.2 pp).<\/p>\n

\"Apparent<\/a><\/p>\n

Source dataset: gov_10dd_acd<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Across the EU, the structure of general government gross debt differs significantly between countries. These differences relate for…\n","protected":false},"author":2,"featured_media":524477,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[79,5720,179,20164,18,20163,19,17],"class_list":["post-524476","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-data-driven-news","tag-economy","tag-economy-and-finance","tag-eire","tag-gov","tag-ie","tag-ireland"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116714335068245665","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/524476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=524476"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/524476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/524477"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=524476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=524476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=524476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}