The public debt (Central Government Debt) amounted to €406.5 billion at the end of 2023 and is increased compared to the previous year by €6.2 billion, according to the latest Bulletin of the Public Debt Management Organization (in Greek-ΟΔΔΗΧ) . For this debt, the Greek State paid €6.5 billion in interest in 2023. The Greek …
Tag: Greece
Greece Returns Rapidly to the Era of Financial Support Packages
Greece, a member-country of the Eurozone/EU with 388 billion euros in public debt and a deindustrialized economy, is in danger of paying dearly for the EU sanctions imposed on Russia. The debt of the General Government of Greece, despite being sustainable in the medium term, despite being supported by the ECB and despite the fact …