Finance Minister Kyriakos Pierrakakis told Bloomberg TV that Greece aims to speed up repayment of its earliest bailout loans and push debt below 120% of GDP before the decade ends, while pursuing investment and capital-market reforms

Moody's notes that most countries projected to cut debt in 2026 have lower credit ratings, with Greece (Baa3) standing out as an exception.

For June 2025, new overdue debts stood at €375 million, compared to €407 million in June 2024—a 7.86% decrease.

By spring 2026, every debt of all public bodies will be automatically recorded from the moment it arises, complete with date, amount, and creditor, ending decades of opacity in public finances.

Compared with Q4 2024, debt-to-GDP ratios rose in 16 EU member states, declined in 10, and remained unchanged in the Czech Republic, ELSTAT said.

Public hospitals remain the primary contributors to the mounting debt, with their outstanding payments to suppliers climbing to 1.489 billion euros in March.

Greek public debt currently stands at €364.8 billion, according to the Public Debt Management Agency (PDMA). Despite the exorbitant amount, markets consider it serviceable, one of the reasons, among others, that prompted Greek Finance Minister Kyriakos Pierrakakis to state the country would “not be the most indebted by 2029” during his visit to the PDMA […]

The Greek Finance Minister Kyriakos Pierrakakis said the country had made strides in controlling the exorbitant Greek public debt, predicting it would not be the most indebted in the EU in 2029 during a visit to the Public Debt Management Agency (PDMA) offices on Wednesday. According to the European Commission, Greece stands at the top […]

Greece is showing strong fiscal momentum, with new data from ELSTAT revealing a significantly higher-than-expected primary surplus for 2024.

It was slightly down from €371.483bln in Q3 2023, according to the quarterly non-financial accounts of the General Government