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21
Nov 2024
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Greece’s cash reserves exceed 45 billion euros

In times of a major fiscal crisis in Europe, Greece will reduce its public debt in 2024, as in December it makes early repayment of three more instalments of the first memorandum loan

Greece borrows at a lower interest rate than France

In recent days, the yield on the Greek 5-year bond (2.39%) has fallen to a lower level than that of the French bond (2.48%)

Greek Economy: New early repayment of 3,6 billion Euros of IMF loans

"With this new repayment, the optimal utilization of the cash resources of the Greek State is further and immediately achieved"

Greece borrows with negative interest rate

This is the third time that the Hellenic Republic has borrowed at a negative interest rate

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