Greece Plans €8B Market Exit in 2026: 10-Year Bond Issuance and Accelerated Debt Reduction

According to Bloomberg, Greece plans to raise up to €8 billion from markets in 2026, keeping issuances controlled to prioritize debt repayment. The Mitsotakis government maintains primary surpluses, healthy cash reserves, and aims to fully repay its first bailout loans 10 years ahead of schedule.

Greece is preparing a market exit in 2026 to raise up to €8 billion, with carefully controlled bond issuances to prioritize debt repayment. One key issuance will be a 10-year government bond, according to Bloomberg.

The government intends modest issuances to ensure the national goal of reducing borrowing in absolute terms is met, while officials estimate that the volume of debt will return to pre-crisis levels by 2025 and continue to decline.

The report highlights how Greece has reversed its public finance trajectory since the debt crisis, thanks to fiscal discipline, higher tax collection, and moderate economic growth, making the country one of the few in Europe with a positive fiscal balance.

The Mitsotakis administration consistently achieves primary surpluses, covering debt servicing costs while maintaining healthy cash reserves. Meanwhile, Scope Ratings has upgraded Greece’s debt outlook to BBB stable, estimating a reduction in debt by 23 percentage points of GDP by the end of the decade.

The government plans full repayment of first bailout loans 10 years ahead of schedule, with annual repayments of at least €5 billion until 2031, strengthening the country’s market credibility and financial stability.

Greece is thus emerging as a nation recovering from its debt crisis, combining prudent fiscal policy with strategic market access to achieve debt reduction, stability, and robust cash reserves.

Source: pagenews.gr