[Jimbuna]

Originally Posted by STEED

I saw this pop up on the media business news all giving Greece the thumbs up well done very soon all debts and loans payed off. I was left thinking wow what sherbet dip you been snorting.

I'd change my media sources if I were you.

Will Greece Ever Pay Off Its Debt?

https://www.investopedia.com/article...y-its-debt.asp

In total, Athens’ government debt pile stands at €321bn. Of this, €248bn is owed to its official sector creditors: its fellow member states (Greek loan facility), the eurozone’s two rescue funds (European Financial Stability Facility and European Stability Mechanism), the International Monetary Fund, and the European Central Bank.

These liabilities have accumulated over the last six years as Greece has been subject to three international rescues. Under its current terms, the country will still be paying back its debt until 2060

https://www.ft.com/content/b3124770-...a-b7a1b59c028e