According to the Pubic Debt Management Organization, the Greek public debt will fall this year for the first time after decades of rising trends, not only in absolute numbers but as a percentage of GDP.

In response to a question by Maria Giatagana, an independent deputy, the Organization stressed through its report to the pariament that the country’s public debt will fall both in absolute prices and as a percentage of GDP this year, for the first time after several decades of rising trends.

The Organization also noted that net borrowing for 2014 will be 3.6 billion euros this year, offering evidence that the country needed to borrow less to finance its budget.