Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living ...Middle East

ATHENS, Greece (AP) — Prime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025. Mitsotakis on Monday described the move as a signal of the nation’s fiscal recovery. Finance Ministry officials say they plan to reduce debt through primary surpluses, loan repayments and combating tax evasion. Mitsotakis’ center-right government was elected for a second term in 2023. It’s struggling to address a cost of living crisis that has sapped Greeks’ spending power. The post Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living appeared first on News Channel 3-12.

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Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living ...Middle East

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