New figures from the International Monetary Fund project that Greece will have one of the world's highest debt-to-GDP ratios in 2026. The country's government debt is expected to amount to nearly 137% of its total economic output, placing it...
The IMF's projection that US general government gross debt will hit 143.4% of GDP by 2035, surpassing Italy (137%) and Greece (130%), marks a dramatic reversal of historical fiscal positions.
This highlights the growing concern over the US's record spending,...
Greece aims to accelerate its debt reduction strategy, slashing roughly 20 percentage points off its debt-to-GDP ratio over the next four years, and will proceed with early repayment of outstanding debt for a third time later this year.
Greece’s finance...
The prospects for the Greek economy have been lauded by two separate reports from Moody's and Goldman Sachs.
Moody's estimates that the general government debt will be falling below 150% of GDP in 2025 from 171.3% in 2022, thanks to...
"Greece’s debt can now only be made sustainable through debt relief measures that go far beyond what Europe has been willing to consider so far." -IMF
One of Greece's main creditors, The International Monetary Fund (IMF), released today an official...
After forming a 'truth' committee to investigate Greece's bailout agreements with its lenders and perform a public debt audit, parliament head Zoi Konstantopoulou released two videos saying 'Check it, Erase it,' referring to the country's accumulated debt.
Zoi Konstantopoulou, the...
