The news comes as spending and inflation have remained high throughout the Biden administration
debt
“I want to continue making Greece a very attractive destination for foreign investment”
According to the report of the Swiss bank, Greece shows the second largest decline in the entire Eurozone
Greece achieved the largest debt reduction in 2021 & 2022 - Debt is at 166% of the GDP it will fall to 160.5% by 2024 - Primary surplus is at 0,4%
The African nations are more in debt
Ahead of important elections due next year, Turkey has scrapped 1.61 billion US dollars' worth of student debts, COVID fines and unpaid utility bills
Pakistan has the largest debt
Two car companies have the highest debt
ESM praises Greece: "Important milestones for economic reform have been met"
Italian banks are the most exposed