Greece Plans €5 Billion Debt Repayment in 2025

Greece is set to accelerate the repayment of bailout loans, planning to repay at least €5 billion ($5.3 billion) in 2025, as part of a broader strategy to signal confidence in its economic recovery since the debt crisis. Prime Minister Kyriakos Mitsotakis emphasized the importance of fiscal discipline during a recent event, noting that Greece's economy has outperformed the euro area annually since the pandemic. Despite the highest debt-to-GDP ratio in the euro area, with significant improvements in unemployment rates projected, Greece has regained investment-grade status and plans to continue reducing its debt obligations ahead of schedule. The country's financial management is also focused on reducing interest servicing costs and sending positive signals to international markets. Upcoming repayments include a completion of €7.9 billion by December this year, which signals a commitment to long-term fiscal health.