North Macedonia’s Overdue Debt Projected to Exceed €12 Billion by End of 2026
According to a report by the National Bank of North Macedonia, the country’s outstanding overdue debt is projected to reach over €12 billion by the end of the first quarter of 2026. This figure represents a total of €742 million, equating to 6.1 percent of the country’s gross domestic product. The primary driver of this increase is attributed to the issuance of new eurobonds by the state.
Alongside this, private debt levels decreased by €280 million. Furthermore, the National Bank reported a significant rise in funds held by Macedonian institutions, companies, and banks within foreign countries. By the end of 2026, these holdings are expected to exceed €8 billion, an increase of €523 million compared to previous figures.
The report highlights the ongoing financial landscape of North Macedonia, with the projected debt figures representing a key area of economic observation. The National Bank’s data provides a detailed overview of the country’s external financial obligations, measured in euros.
Topics: #overdue #debt #euros
