Tag: primary surpluses

Greek Public Debt on Decline Amid Post-COVID Recovery

Greece’s public debt is steadily decreasing as the economy recovers and primary surpluses return post-pandemic. By early 2024, government debt dropped to 159.8% of GDP, its lowest since 2012. Regaining investment grade status in 2023, Greece’s debt is projected to continue declining, potentially reaching 60% of GDP in 40 years with ongoing economic reforms and sustained primary surpluses.

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