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Greece Repays €5.29 Billion to Cut Debt Costs

12/16/2025

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Story summary
  • Greece repaid €5.29 billion on December 15, 2025, from its first bailout program after approval by the European Stability Mechanism and the European Financial Stability Fund.
  • The move aims to reduce Greece's debt, currently 145.9% of GDP.
  • Projections put debt at 138.2% of GDP in 2026 and below 120% by 2029.
  • The government says the repayment lowers future interest costs, while opposition parties criticize it as optics over domestic investment.