PM Mitsotakis: Greece to repay additional 5 billion euros early in 2025

PM Mitsotakis: Greece to repay additional 5 billion euros early in 2025

Politics

Prime Minister Kyriakos Mitsotakis, speaking with journalist Francine Lacqua at Bloomberg's event titled "The New Era of Greek Banking," highlighted that Greece will make an early repayment of an additional 5 billion euros borrowed under the first bailout agreement in 2025, CE Report quotes Athens-Macedonian

“ When it comes to early repayments, I think they reflect the strong financial position of the Greek economy. We always want to surprise markets on the upside. I think you’d expect an additional 5 billion of repayments in 2025 from the GLF loans that would mature between 2033 and 2042,” Mitsotakis said and added: “ Again, it’s an indication of the confidence that we have in our public finances, the excellent job that’s been done by our public debt management office and the overall strength of the fiscal position of Greece, which is not something that many people would have expected four or five years ago”.

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