Italy to overtake Greece as eurozone's most indebted country

Greece is set to lose its position as the eurozone's most heavily indebted nation, with Italy poised to surpass it in terms of debt-to-GDP ratio. The development marks a significant milestone for Greece, which continues its recovery from the sovereign debt crisis that required multiple international bailouts and imposed severe austerity measures on the country during the 2010s. Italy's rising debt levels reflect ongoing fiscal challenges in the eurozone's third-largest economy, while Greece's relative improvement demonstrates progress in stabilizing its public finances after years of economic turmoil.