Feb 22 โ€ข 07:23 UTC ๐Ÿ‡ฌ๐Ÿ‡ท Greece To Vima

Debt: Decreasing, but the threat remains โ€“ What will the next decade bring for Greece

Despite a decrease in Greece's public debt, concerns loom over its future outlook in the coming years.

Greece's public debt has seen a reduction, settling at โ‚ฌ362.8 billion at the end of 2025, which is a decrease of โ‚ฌ2.15 billion from โ‚ฌ364.95 billion at the end of 2024. This marks the first annual reduction in absolute terms in several years, according to data from the General Accounting Office and the Public Debt Management Agency. However, this reduction does little to alleviate ongoing concerns regarding the sustainability of the debt, as it remains at an elevated level. The ongoing anxiety surrounding the Greek economy stems from the long-term implications of public debt. Despite positive signs in the short term with a slight decrease, the fundamental issues that have plagued Greece for years continue to pose significant challenges. Analysts point out that though a decrease is observed, the debt is still projected to remain high in the medium term, which could inhibit economic growth and recovery efforts. The European Commission's baseline scenario for debt sustainability indicates that while the debt may reduce, it is likely to remain substantial over the next decade, raising questions about Greece's economic stability and the measures necessary to address this persistent issue. Without effective strategies to manage and reduce the debt further, Greece may face continued economic pressures and potential crises in the future.

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