The expected improvement in public finances is expected to produce a lower public borrowing requirement in 2006. The government predicts that the debt-to-GDP ratio, which is still the highest in the eurozone, will fall to 104.8% in 2006 from an estimated 107.9% in 2005 and 109.3% in 2004.
Greece plans to borrow about €30 billion in 2006, compared with an estimated €37 billion last year, according to Spyros Papanicolaou, director general at Greece’s Public Debt Management Agency (PDMA).
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
