Greek state to repay loans worth 8 billion euros ahead of time in December

Business 7 October 2024 19:35

Greece plans to repay Support Mechanism loans of nearly 8 billion euros in December, as revealed in the draft state budget for 2025 that National Economy Minister Kostis Hatzidakis tabled in Parliament on Monday, CE Report quotes Athens-Macedonian

Specifically, in December the Greek state plans to repay ahead of time loans of a fluctuating interest rate originating from the Greek Loan Facility and totaling 7.935 billion euros that normally mature in 2026 2027, and 2028. Greece has already paid back loans worth 5.290 million euros in December 2023 and 2.645 million euros in December 2022.

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Greek state to repay loans worth 8 billion euros ahead of time in December

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