In the third quarter of 2025, the seasonally adjusted general government deficit to GDP stood at 3.2% in the euro area and in the European Union, up on the ratios of 2.8% and 2.9% recorded for the euro area and the EU respectively in the second quarter, according to data published by the EU’s statistical office (Eurostat) on Thursday 22 January.
Of the 26 countries (all of them except Italy) for which data is available, the highest deficits were seen in Romania (-7.3% of GDP), Poland...