ROME, April 24 -- Greece will cease to be the euro zone's most indebted country by the end of this year as its public debt will fall below Italy's, according to two sources and data from Italy's budget plan.

Greek debt is estimated to decline to around 137 per cent of gross domestic product this year from 145.9 per cent in 2025, two senior officials told Reuters.

By contrast, Italy expects its debt to peak at 138.6 per cent in 2026, up 1.5 percentage points from 137.1 per cent of GDP in 2025, under the Treasury's multi-year budget plan published this week.

Speaking on condition of anonymity, both the officials said Greece would from this year cease to be the euro zone's most indebted country.

They said the new estimate for Greece's de...