The general government gross debt to GDP ratio in the euro area rose to 88.8% at the end of the second quarter of 2026, up from 88.4% at the close of the first quarter, according to Eurostat . The statistical office of the European Union also reported that the EU-wide ratio climbed from 82.5% to 82.9% over the same period. On a year-over-year basis, debt ratios increased in both zones. The euro area ratio moved from 87.3% at the end of the second quarter of 2025 to 88.8% a year later, while the EU ratio advanced from 81.4% to 82.9%. Debt securities accounted for 84.5% of general government debt in the euro area and 83.9% in the EU at the end of the second quarter of 2026. Loans represented 13.1% in the euro area and 13.
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