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    Il debito greco per cadere in breve la Francia secondo il FMI

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    2. Aegeansunset12 on

      2020: Greece 209,9% France 114,8%

      2025: Greece 142,2% France 116,3%

      2030: Greece 125,1% France 128,4%

    3. Turbulent-Rock5803 on

      Wow, what happened in 2020 for the Greek debt to fall so much?

    4. Aegeansunset12 on

      [Greece pays debt ahead of schedule](https://www.reuters.com/markets/europe/greece-repay-first-bailout-loans-by-2031-10-years-early-2025-04-11/) multiple [times](https://apnews.com/article/greece-debt-strike-cost-of-living-f0bd69f12df0a1a34e93008d10789af2) proving that it [has](https://www.bloomberg.com/news/articles/2024-11-18/greece-plans-to-repay-long-term-debt-ahead-of-time-premier-says) fiscally responsible policies. [Tax evasion has been reduced](https://www.vatcalc.com/greece/greece-halves-vat-gap/) and the job market has recovered as unemployment is lower than [Sweden](https://ec.europa.eu/eurostat/web/products-euro-indicators/w/3-01042025-bp) (8,6% vs 9%!) and [that’s not a result of migration](https://www.tovima.com/finance/greece-sees-first-net-return-of-citizens-in-over-a-decade/) (more Greeks return to Greece as of now) but a result of [more than half a million new jobs created](https://www.statista.com/statistics/276414/employment-in-greece/) (compare the approximate 18% unemployment rate of 2020 to today with the number of jobs created and you can see it’s not migration since most already left by that time). [Moody’s](https://news.gtp.gr/2025/03/14/moodys-upgrades-greece-to-investment-grade-citing-fiscal-strength/) recently brought the country back to investment grade status too. Greece just registered a [4,8% primary surplus](https://en.protothema.gr/2025/04/22/surprise-primary-surplus-of-e11-4-billion-4-8-of-gdp-for-2024/) for 2024 and had one of the highest surpluses in the EU being among the very few to [avoid having a deficit](https://www.reddit.com/r/europe/s/q8KrWAEJcR) (we run on primary surpluses with the exception of covid since 2015). Greece is also much more than tourism and owns 20%+ of the world’s commercial fleet being [first](https://www.ugs.gr/en/greek-shipping-and-economy/greek-shipping-and-economy-2023/features-of-the-greek-owned-fleet/) worldwide against giants such as China. Greece’s state bond yields already [fare better](https://www.reuters.com/markets/europe/budget-woes-push-french-borrowing-costs-above-crisis-scarred-greece-2024-12-02/) or similar to France!

    6. madeleineann on

      Good on Greece!

      For any French people – is this a political issue at all in France? Is anyone campaigning at all on bringing the debt down?

    7. cat_economist on

      Just for note. It’s Debt to GDP ratio not debt in general.

    8. pole_fan on

      interest rate payments as a pecentage of gdp is a more useful metric. A couple with 50k in mortgage debt is significantly better off than a couple with 50k in credit card debt.

    9. A_Birde on

      Greece greatest country in the world all other countries are run by little girls

    11. UnoriginalName18 on

      Still shit country to live in as a greek with unlivable wages for young people

    14. MrNiceguy037 on

      Everybody in Germany was crying so much about how much money Germany has put into Greece at the time. In the end Germany made profits from it thanks to interests and some other effects

    15. truckkers on

      Well done, Greece. Reforming the economy did hurt, but you are doing better now.

    17. gingerbreademperor on

      And they lived happily ever after….right….right?

    18. papawish on

      At what price.

      Wonder around Athens at night and you’ll know. 

    19. ilawon on

      I still remember the time when countries with more than 80% debt and a deficit greater than 3% were supposed to be punished and forced into a self-imposed recession. 

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