According to Eurostat data, the seasonally adjusted government deficit in the European Union increased from 2.8% of GDP in the first quarter of 2025 to 2.9% in the April-June 2025 period. In the euro area, the deficit remained constant at 2.7%. Romania, with a deficit of 8.7% of GDP, remains the EU member state with the highest deficit, followed by Poland (8.5%) and France (5.4%). In contrast, some states, such as Cyprus and Denmark, reported surpluses.
Regarding public debt, the debt-to-GDP ratio increased in the euro area to 88.2% and in the EU to 81.9%. Romania recorded an increase in the debt-to-GDP ratio to 57.3%. The highest debts are found in Greece (151.2%) and Italy (138.3%). Compared to the first quarter of 2025, 15 member states reported increases in debt, while 12 had decreases. Romania had an increase of 1.4 percentage points, being among the most affected countries.
Regarding public debt, the debt-to-GDP ratio increased in the euro area to 88.2% and in the EU to 81.9%. Romania recorded an increase in the debt-to-GDP ratio to 57.3%. The highest debts are found in Greece (151.2%) and Italy (138.3%). Compared to the first quarter of 2025, 15 member states reported increases in debt, while 12 had decreases. Romania had an increase of 1.4 percentage points, being among the most affected countries.
Sources
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