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Eurozone debt continues to rise – POLITICO

France, whose debt position is being closely watched following a credit rating downgrade and political instability sparked by President Emmanuel Macron’s announcement of early elections, saw its debt rise by 0.9 percentage points of GDP from the previous quarter.

Greece remains the most indebted country in the eurozone, with total debt approaching 160 percent of GDP. However, it is also the fastest repaying country, down 2.1 percentage points compared to the fourth quarter of 2023.

In Western Europe, Belgium saw the fastest increase in debt relative to the economy, with an increase of 3.1 percentage points quarter-on-quarter.

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