With the aim of fully repaying the bilateral expensive loan obligations to Eurozone countries (first bailout program) by 2031-a decade before the original maturity date in 2041-Greece made a new early debt repayment move on December 15.
Having received the “ green light” from the ESM, European loans under the Greek Loan Facility (GLF) with variable interest rates, maturing between 2033 and 2041, amounting to € 5.287 billion, were repaid. This move adds to previous repayments (which have exceeded € 15 billion in total), significantly contributing to debt sustainability and reducing exposure to variable interest rates. Specifically, in December 2024, obligations of 7.935 billion euros were paid, in December 2023…