6.9 billion euros in loans from the first bailout agreement were repaid early

Greece has taken a new step toward reducing its public debt by repaying, ahead of schedule, part of the loans it had received under the first bailout package.

6.9 billion euros in loans from the first bailout agreement were repaid early

This article is an AI translation of an original piece published in Greek. Read original

Greece proceeded on Monday with the early repayment of €6.9 billion in loans granted under the first bailout program, according to two sources cited by Reuters.

The move concerns loans provided by European partner countries during the fiscal crisis and is taking place ahead of the scheduled repayment timeline.

The new repayment marks another step toward the normalization of public finances, nearly two decades after the outbreak of the debt crisis that led the country to Eurozone and IMF bailout programs.

 

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