Insiders: Italy will replace Greece this year as the country with the highest debt rate in the Eurozone.

According to sources and data from the latest Italian budget plan, Greece will no longer have the highest debt-to-GDP ratio in the eurozone by the end of this year, with its public debt level expected to fall below Italy's. Two senior Greek officials told Reuters that Greece's debt-to-GDP ratio is expected to decrease from 145% in 2025 to around 137% this year. In contrast, according to the multi-year budget plan released by the Italian Ministry of Finance on Thursday, Italy's debt-to-GDP ratio will increase from 137.1% in 2025 to 138.6% in 2026. "From this year onwards, Greece will no longer be the country with the highest debt-to-GDP ratio in the eurozone," one Greek official said.