Greece Pays Down Another €2.5bn of Debt — Bank Privatisation Proceeds Flow Back to the EFSF
Greece has repaid €2.5 billion to the European Financial Stability Facility using proceeds linked to the reprivatisation of banks rescued during the debt crisis. The transaction forms part of a broader 2026 debt-reduction strategy of around €12.84 billion, aimed at lowering interest costs, accelerating the decline in the debt ratio and strengthening Greece’s position in international markets.