The EU statistics' service said that 137.9% of debt refers to loans while another 35.1% refers to other securities. The Greek debt eased to 309.2 billion euros in the first three months of 2016 from 311.4 billion in the fourth quarter of 2015.
Eurostat said that Greece had the highest public debt in the EU, followed by Italy (135.4%) and Portugal (128.9%). The lowest public debt in the Eurozone is recorded in Estonia (9.6%), Luxembourg (21.8%) and Bulgaria (30.3%).
On a quarterly basis, in the European Union, the public debt fell to 84.8% of GDP from 85.3%, while in the Eurozone it rose to 91.7% from 90.7%.
Greece has depended on rescue funds since 2010 to confront its public debt crisis which left it locked out of financial markets. The bailout deals are always accompanied by harsh austerity measures which also led to the highest unemployment rate of the European Union.