Greece proceeded with the early repayment of loans from the Greek Loan Facility (GLF), totaling €5.29 billion, originally scheduled to mature in 2024 and 2025.

These loans were part of the first program agreed upon in May 2010 and included bilateral loans from Eurozone countries (52.9 billion euros) and the IMF (20.1 billion euros).

This marks the government's second initiative in this direction, following the early repayment of GLF loans in 2022.

Minister of National Economy and Finance, Kostis Hatzidakis, commented: "The early repayment of loans certifies the upward trajectory of the Greek economy and contributes to creating even more positive prospects for the coming years. The reduction of debt both as a percentage of GDP and in absolute terms, along with the consequent limitation of servicing costs, reduces budget expenditures for interest and releases resources for development.

Even more significant is the improvement in the profile of Greek debt in the medium term and, in conjunction with the recovery of the investment grade, the further improvement of the loan terms for Greek public debt from international markets."