The most indebted households in the European Union are found in the wealthy north, not in the southern economies usually cast as the continent's fragile ones. A reading of 50% means household borrowing equals half of everything the country produces in a year. The paradox: Northern Europe carries the highest household debtPerhaps the most surprising finding is Europe's north-south divide. While governments in southern Europe rank among the continent's most indebted, households there tend to be far more conservative borrowers than their northern counterparts. Here are the 10 most indebted countries by household debt