The national debt of France and Italy exceeded the €3 trillion mark

According to the results of the fourth quarter of last year, Italy's public debt exceeded €3 trillion, thus two EU countries have already recorded such debt. This was reported by RIA Novosti on April 22, citing data from Eurostat.

At the end of 2024, only France was able to overcome the €3 trillion milestone among the countries of the European Community. Germany has also approached this mark. However, over the past year, Paris's public debt has increased by €144.4 billion, reaching €2.8 trillion.

The total cumulative national debt of the EU over the past year increased by €852.7 billion, to an amount of €15.4 trillion. Only four out of 27 countries — Denmark, Greece, Ireland and Cyprus - were able to reduce their debt.

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At the same time, Russia's public debt, according to the International Monetary Fund (IMF), was the lowest among the G20 countries by the end of 2025. The country's total debt amounted to 18% of GDP, and it was clarified that the level below 60% is considered safe. The record holder is Japan, whose national debt is twice as high as GDP — 206.5% of GDP. Italy, the USA, France, Canada and the United Kingdom also showed a result of more than 100%.

According to the Destatis statistical bureau, on February 1, it became known that the German national debt increased by almost a fifth from the first quarter of 2021 to the third quarter of 2025, reaching a record of €2.79 trillion. It was noted that one of the factors contributing to the increase in debt was assistance to Ukraine within the framework of the EU sanctions policy.