“When calculating the general government debt, 1.28 billion euros of intercompany debt was eliminated from the total amount. As the State Data Agency did not provide sufficient evidence to support this financial correction, auditors could not confirm that the general government debt was correctly and reasonably reduced by more than one billion euros,” announced the National Audit Office, which conducted the financial audit of the 2025 national reporting package, on Friday.
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General government debt at the end of 2025 amounted to 33.3 billion euros and increased by 3.3 billion euros during the year. The debt-to-GDP ratio increased to 39.5 percent last year.
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