United Kingdom national debt

Cyprus is seeing a promising reduction in its public debt, with figures suggesting a return to 2019 levels. The debt stood at 22.3 billion euros by the end of 2023, showing a slight decrease from €22.4 billion in September of the same year. Notably, the debt had reached €23.8 billion last June.

European Union finance ministers agreed on Wednesday on changes to the EU's fiscal rules updating them to the post-pandemic realities of high public debt and the need for massive public investment to fight climate change.

The pact is complex but is built on two crucial principles: an upper limit for a country's national budget deficit, and an upper limit for its total public debt.

Slovenia’s general government deficit in the third quarter of the year shrank to €60 million or 0.4% of GDP, the lowest since the start of the Covid pandemic in the first quarter of 2020.

Bulgaria's gross external debt at the end of June 2022 amounted to almost 41.5 billion euros (52.5 percent of the estimated Gross Domestic Product - GDP), which is over 1.6 billion euros (4.1 per hundred) more compared to the end of June 2021, reports the Bulgarian National Bank, quoted by BTA.

If the epidemic or pandemic takes a turn to the worse, the implementation of Bulgaria's budget will be at risk and the country's debt will soar more than expected. Such a forecast made the BNB in its traditional edition Economic Review, quoted by Capital newspaper.

The Ministry of Finance announced this late last week.

According to the statement, the increase of the credit rating of the Republic of Serbia by "Fitch Ratings" reflects the improvement of public finances, supported by the fiscal outcome.

Fitch Ratings has cut its forecast for Turkish gross domestic product (GDP) growth in 2018 to 3.9 percent from 4.1 percent, the ratings agency said on Nov. 23.

Greece's primary surplus is likely to rise to 3.9 percent of GDP, beating a target of 3.5 percent, next year when the country is to exit the latest eurozone bailout programme and return to market financing, the European Commission forecast on Thursday.

The state debt of Montenegro at the end of the first quarter of 2015 reached 2.44 billion euros, almost 69 percent of gross domestic product, GPD, according to data from the Ministry of Finance. The debt has risen by almost 500 million euros, or 25 per cent, in one year.

Minister: Goal is to reduce public debt and deficit

BELGRADE -- Dusan Vujovic said on Tuesday the fundamental goal of the new three-year arrangement with the IMF was to reduce the public debt share in GDP by 2017.

Another is to lower the budget deficit to around 3 percent of GDP, the finance minister said.