Government debt: "National duty": Greece accelerates repayment of rescue loans
The government expects to save billions from the redemption - and a better credit rating. For what reasons the former crisis country can afford the early repayments.
Greece plans to pay off its debt crisis legacy faster than expected. The country aims to fully repay outstanding loans from its first bailout program by 2029 or 2030, according to government officials. This is ahead of the previous plan to repay bilateral loans from Eurozone states, known as the Greek Loan Facility (GLF), by 2031. Greece has already made a prepayment of €6.94 billion in June and plans to repay around €12.84 billion in debt prematurely in 2026.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
