Displaying items by tag: greek debt

The International Monetary Fund forecasts the Greek dent will soar to 200.8% of GDP, while the primary deficit will be 5.1% (instead of a surplus of 3.5% of GDP) in its forecast. The IMF also says the budget deficit will reach 9% of GDP for the country.

The Greek state's debt reached 181.9 percent of GDP - 337.4 billion euros - in the first quarter of 2019, according to figures released on Friday by Eurostat.

The Greek government is preparing for an early repayment of expensive loans granted to the country by the International Monetary Fund (IMF) during the bailout years.