NICOSIA — European Union’s public debt trajectory could become “explosive,” hurting the bloc's economy, if no action is taken to deal with fiscal pressures, the International Monetary Fund told EU finance ministers on Saturday. "If left unchecked, public debt will be on an ​unsustainable path. Under unchanged policy, debt of the average European country would reach 130 percent ​of GDP by 2040 — roughly doubling from today," the IMF said in a paper ⁠presented to the finance ministers during an