Greece Plans 13 Billion Euro Early Debt Payoff to Overtake Italy on Debt Ratio

Greece is preparing to make an additional 13 billion euros in early debt repayments this year, aiming to push its debt‑to‑GDP ratio below Italy’s by year‑end and signal fiscal strength to investors and rating agencies. After repaying 6.94 billion euros of its 52.3 billion‑euro bilateral loan from eurozone partners in June, the government now targets a total of 13 billion euros in early redemptions in 2026. Officials say the move, funded by fiscal surpluses and strong liquidity, should brin...

By ANTHEE CARASSAVA