Euro area general government gross debt reached 88.9% of GDP at the end of the first quarter of 2026, Eurostat reported on 21 July. The ratio was 87.7% at the end of the previous quarter.
The EU ratio increased from 81.8% to 82.9%. The figures cover the 21-member euro area and remain provisional. Debt is an end-period stock, rather than the budget deficit generated during a quarter.
An IMF mission that visited on 15–18 September reviewed banking restructuring and fiscal planning. The Fund expects contraction and double-digit inflation in 2026.
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