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Aug 2026
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ESM: Greece passed the public debt “stress test”; a reduction is projected over the next decade even under the adverse scenario

The report by the European Stability Mechanism projects an increase in debt in the rest of the euro area countries by 2035, while for Greece the downward trend continues

Pierrakakis also assumes the presidency of the ESM for the next 2.5 years

The Board of Governors of the European Stability Mechanism appointed Pierrakakis as its president for 2.5 years, effective December 12 — The Managing Director congratulated Kyriakos Pierrakakis on his election as president of the Eurogroup

“Green light” from ESM and EFSF to Greece for the early repayment of a €5.29 billion bailout loan

It is the third early repayment made by our country

ESM: Green light for early repayment of loans under the first support program

The decision paves the way for payments of €7.9 billion

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