Greece will accelerate the repayment of another five billion euros borrowed under the first memorandum in 2025, Prime Minister Kyriakos Mitsotakis announced on Monday.
These loans are scheduled to mature between 2033 and 2042,” he added in an interview with a Bloomberg event in Athens.
“The new early repayment, following the early repayment of loans amounting to 8 billion euros from the first memorandum that is expected to be concluded in December, sends a clear message to the markets about Greece’s commitment to fiscal stability and the reduction of public debt,” the prime minister stressed.
Pity he does not have the same commitment to public services, salaries and the welfare of the people of Greece
But he does! Mitsotakis is committed to reducing all those, simply to repay national debt. This is a right wing mantra: public debt baad, impoverished citizens gooood.