ATHENS –
Greece will proceed next month with an early debt repayment of 6.9 billion euros on the first bailout loans it received from European countries, Minister of National Economy and Finance Kyriakos Pierrakakis told Reuters on May 6.
Pierrakakis said that, through Greece’s early repayment programme, public debt is expected to decline further, to around 130% of GDP in 2027.
He also praised the Public Debt Management Agency team for its work in reducing the debt, describing them as the “silent heroes” of Greece’s recovery.
