Veytics Intelligence
2026-10-24 · Fibre2fashion

Euro area deficit holds at 3% of GDP as debt rises in 2025: Eurostat - Fibre2Fashion

The figures were published by Eurostat, the statistical office of the European Union, using data reported by EU Member States in the second notification in 2026 for the application of the excessive deficit procedure (EDP). All Member States except Cyprus, Denmark, Greece, Ireland and Portugal reported a deficit in 2025; those five recorded balances of +3.6 per cent, +2.9 per cent, +2.0 per cent, +1.8 per cent and +0.7 per cent of GDP respectively, the data showed. The highest deficits were recorded in Romania at -7.8 per cent, Poland at -7.2 per cent, Belgium at -5.2 per cent and France at -5.1 per cent, while eleven Member States had deficits equal to or higher than 3 per cent of GDP.

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