Tables showing the path of public debt, achieving the largest reduction in Europe, were presented by the government’s Pavlos Marinakis.
“In 2025, Greece’s public debt fell by 8 percentage points, recording the fastest rate of deceleration in the whole of Europe,” the government spokesman said at a briefing for political editors.
Previously, presenting the support measures announced yesterday by the prime minister, he noted that “achieving a primary surplus allows our country to cover the costs of servicing the public debt“. “This prudent policy, which relieves citizens of their burdens while reducing public debt at record rates, is the legacy of the government of the New Democracy and Kyriakos Mitsotakis,” he said.
The tables presented by the government spokesman on the course of the debt:
Previously, for our country’s impressive results in reforms, debt and unemployment was mentioned by European Commissioner, Vladis Dombrovskis, during his meeting with Prime Minister, Kyriacos Mitsotakis.
As he stressed, “the Greece has a strong track record in implementing reforms and addressing the long-term structural challenges it faces, with impressive results if one looks at both debt and unemployment trends.”
Certifying his positive comments, he said Greece’s GDP increased by about 13.4% compared to 2018. Debt has fallen by almost 43% of GDP from its pre-COVID high in 2018. Unemployment has also fallen dramatically from a high of 28% in mid-2013 to 8.4% at the end of last year.