Greece’s Ministry of National Economy and Finance is set to pursue early repayments of expensive loans within its memoranda framework through 2025. The strategy aims to reduce interest servicing costs and signal confidence in the Greek economy to international markets….
In a recent interview, David Lisnard, the Mayor of Cannes, expressed strong concerns over the French pension system, emphasizing the inadequacies of the upcoming retirement benefits increase tied to inflation starting January 2025. Highlighting a significant demographic shift, Lisnard argued…
During a recent conference on public debt, Giannis Stournaras, Governor of the Bank of Greece, emphasized the urgent need for innovative and sustainable fiscal solutions in light of rising public debt levels in the Eurozone. He pointed to multiple crises,…
Greece’s overdue public debts to private entities have surged to €2.819 billion as of September, despite government commitments to manage these obligations. The healthcare sector is the largest debtor, accounting for €1.281 billion. Additionally, overdue tax refunds have increased, with…
