Greek debt: Is the country still vulnerable?
In recent years Greece’s general government debt has exceeded 350 billion euros and its debt-to-GDP ratio reached 160 per cent of GDP in 2023. Despite this, Greece has managed to fully repair its IMF loans and its economic performance has been a bright spot over the past years for the country, outperforming its Eurozone peers. Yiannis Mouzakis, the co-founder and editor of Macropolis.gr, a political and economic analysis site that focuses on Greece, joins Thanos Davelis to look at Greece’s debt and whether it still puts Greece at risk.
You can read the articles we discuss on our podcast here:
From default to investment grade: A brief history of Greek debt
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