It plans to raise up to 8 billion euros ($9.3 billion). Greece from bond markets in 2026, keeping bond issuance limited to prioritize repayment of debt.
The total is up slightly from the €7.5bn raised by investors in 2025 and is in line with previous years. It is low enough to meet the national debt reduction target in absolute terms. Greece has managed to recover its public finances from the debt crisis that nearly forced it out of the euro a decade ago, according to Bloomberg.
A combination of fiscal discipline, higher tax collection and modest economic growth has turned the country into one of the few in Europe with positive fiscal balances.
The government consistently runs sufficient primary surpluses – the measure of revenue minus expenditure, excluding interest costs – to cover its servicing costs and repay the debt while maintaining healthy cash reserves.
Officials estimate that Greece’s borrowing volume will return to pre-bailout levels in 2025 and continue to decline. Scope Ratings predicted last week that the country will manage to reduce its debt by 23 percentage points as a percentage of GDP by the end of the current decade.