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The share of foreigners' investments in Cyprus' national debt exceeded the record
Business
Premiere Media

The share of foreigners’ investments in Cyprus’ national debt exceeded the record

According to 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%).

Source: CNA

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