Greece Forecasts Debt Ratio for 2025 to Reach Pre-Bailout Low
Greece's debt ratio is forecasted to reach a pre-bailout low by 2025, according to the country's projections. The borrowings are estimated to have decreased to the lowest level since 2009, before the financial crisis that led Greece to seek its first bailout. This positive outlook reflects the country's ongoing efforts to manage its debt and economic recovery since the crisis. The improved debt ratio is seen as a significant milestone in Greece's journey towards financial stability, as it aims to regain investor confidence and access to international markets. The news highlights the progress Greece has made in addressing its fiscal challenges, though the country continues to navigate the complexities of its economic landscape.
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