Εurostat: The largest proportion of government debt held by non-residents was recorded in Cyprus at 80%

The share of government debt held by the resident financial corporations sector at the end of 2019 was highest in Denmark (74%), followed by Sweden (73%), Croatia (67%) and Italy (63%), according to data released today by Eurostat, the statistical service of the EU.

In contrast, the largest proportion of debt held by non-residents was recorded in Cyprus (80%), ahead of Lithuania (76%), Latvia (74%) and Estonia (70%). Generally, across the EU, less than 10% of debt was held by the resident non-financial sectors (non-financial corporations, households and non-profit institutions serving households), with the noticeable exceptions of Hungary (28%), Malta (26%), Portugal (15%) and Ireland (11%).

(CNA)

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from Cyprus News Agency
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