Greece’s public debt is set to fall below Italy’s in 2026, ending its status as the eurozone’s most indebted country.
Greece’s debt-to-GDP ratio dropped from 212.9% in 2021 to an estimated 137% in 2026, while Italy’s is projected to rise to 138.6%.
This turnaround follows Greece’s fiscal discipline, early loan repayments, and sustained economic growth after years of crisis and international bailouts.
With Italy set to become the Eurozone's most indebted nation, can it replicate Greece's turnaround?
As public debt falls, is Greece's economy being silently hobbled by a massive private debt crisis?
Was Greece's historic debt reduction a triumph of austerity or a product of economic growth?
Is Greece's turnaround a blueprint for other indebted nations or a unique success story?
How did a strategic partnership with the U.S. become a key factor in Greece's economic recovery?