US EditionGreece Repays More than Eur 1 Billion to France, a Surprise Boost
7 Articles
7 Articles
The move is considered impressive and strengthens Athens' credibility, the French newspaper reports.
Greece is stealing from the aid of France. The country has just paid back part of its debt, which it owes, reports Le Monde. This sum is estimated at EUR 1.1 billion and is welcome at the time when the government is multiplying the shares to make savings and is trying to close the budget for the year 2026. If Athens owed money to Paris, it is because in 2010, during the Greek economic crisis, France had lent several billion euros to the country.…
DECRYPTAGE - Ironically, while Paris is struggling to close its budget, the advance payment of EUR 1.1 billion made by Athens for loans contracted in 2010 to support its economy relieves the accounts of Hexagon.
France had helped Greece with billions of euros in 2010 during the Greek financial crisis. Today it is Greece's turn to help France by repaying this debt early.
Greece's contribution to tackling public debt is significant, according to the newspaper. It repaid a 2010 loan of 1.1 billion and France managed to balance its budget.
Le Monde speaks of an unexpected benefit to France's public finances, referring to Greece's decision to proceed with the early repayment of a loan of 1.1 billion euros in 2025... Le Monde: "Greece's decision to repay a loan of 1.1 billion euros early is an unexpected benefit for France - NAVAL MERCHANT
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
