Greece Wants to Repay Bailout Loans 10 Years Ahead of Time

WATCH: Greek Finance Minister Kyriakos Pierrakakis says the nation plans to repay loans from its first bailout program 10 years ahead of schedule. Source: Bloomberg

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By Sotiris Nikas, Paul Tugwell, and Oliver Crook

May 12, 2025 at 9:07 AM UTC

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Greece plans to repay loans from its first bailout program 10 years ahead of schedule, Finance Minister Kyriakos Pierrakakis said, a move that’s set to ease the country’s debt burden in the future.