Greece's public sector owes nearly €3.9 billion to suppliers, taxpayers, and pensioners, with public hospitals alone accounting for more than €1.5 billion in overdue payments

A new 72-installment repayment plan for overdue social security debts launches in June, but critics say the terms still fall short for struggling professionals and farmers

Among member states, the highest debt-to-GDP ratios at the end of Q2 2025 were recorded in Greece (151.2%).

The latest repayment is expected to reduce the overall debt and improve the country’s creditworthiness, as Greece has now returned to investment-grade status.

Looking ahead, Societe Generale anticipates the European Central Bank to commence interest rate cuts starting in June, with quarterly reductions of 25 basis points (or totaling 75 basis points for the year).