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How will Greece's unemployment rate change by the end of 2025?
4
Resolution / Starting Odds
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Official unemployment statistics released by the Greek government or international labor organizations
Story
Greece to Repay €5 Billion of Bailout Loans Early in 2025, Says Prime Minister Kyriakos Mitsotakis
Nov 18, 2024, 01:00 PM
Greece is set to expedite the repayment of €5 billion in long-term debt, a move announced by Prime Minister Kyriakos Mitsotakis. The repayments, which will occur early in 2025, pertain to bailout loans that are due between 2033 and 2042. This decision reflects a significant turnaround in the country's economic situation since the severe financial crisis that nearly led to its exit from the euro area over a decade ago. The acceleration of debt repayment is seen as a positive indicator of Greece's economic recovery.
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