Greek Debt: Stability Amidst European Uncertainty

Greek debt remains stable despite concerns about the economic situation in Europe, particularly in France. Greece is showing resilience thanks to its debt structure, cash reserves, and primary surpluses.

The debt structure is characterized by low interest rates and long repayment periods, with an average maturity of 19 years. Cash reserves amount to approximately 40 billion euros, and the country has achieved primary surpluses since 2016, with an impressive 4.8% in 2024.

Meanwhile, France faces a potential downgrade of its credit rating by international agencies, causing concern in the markets, coupled with low growth rates in Germany and France.