Cyprus leads EU in non-performing government loans

Cyprus recorded the highest level of non-performing loans in the European Union in 2024, highlighting a key vulnerability in public sector balance sheets, according to Eurostat.

The data published by Eurostat showed that government guarantees are the most common form of contingent liabilities across EU countries, typically covering liabilities and, in some cases, assets of third parties.

In 2024, the Netherlands recorded the highest level of government guarantees, amounting...