Greece to Repay €6.9 Billion in Bailout Loans Early as Debt Falls Toward 130% of GDP

Greece will make an early repayment of €6.9 billion in debt linked to its initial eurozone bailout loans next month, Finance Minister Kyriakos Pierrakakis has confirmed, as the country's accelerating fiscal recovery continues to outpace expectations. Speaking to Reuters, Mr. Pierrakakis said the repayment will push Greece's public debt ratio toward 130 percent of GDP by 2027 — a milestone that would have been inconceivable a decade ago when the country was surviving on emergency international...

By ANTHEE CARASSAVA