Youn financial improvements that do not go unnoticed. While the country is struggling to finalize its 2026 budget and France’s public deficit is expected to reach around 5% of GDP next year, according to statements by the Minister of Public Action and Accounts, Amélie de Montchalin, lawmakers learned that Greece had paid back 1.1 billion euros to France in advance in 2025. In 2024, Athens had paid 1.7 billion euros in advance. in 2024, report World.
In the early 2010s, the European Union and the International Monetary Fund (IMF) came to Greece’s aid to avoid bankruptcy. Currently, it is France that is worrying its European partners because of its political instability and the condition of its public finances.
In 2025, Greece is more reliable than France
The amounts paid by Greece between 2024 and 2025 – a total of 2.8 billion euros – will be repaid between 2033 and 2041. The massive rescue plans and austerity measures undertaken more than fifteen years ago have now become effective. Unfortunately, Greece was able to improve its finances, to the point that the country was able to start paying off its debts in advance with its various creditors, such as the IMF, whose payments were made two years earlier than expected.
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Kangaroo today
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Athens has become a more credible and reliable borrower in the market than France at the moment, while the debate over the budget is increasingly stalled.
READ ALSO Didier Migaud: “France is standing still while our neighbors are moving forward” Budget discussions will continue on Monday, November 17. When learning of the advance payments made by the State, which until recently was still considered Europe’s fool in financial terms, the general rapporteurs of the budget of the National Assembly and Senate, Philippe Juvin and Jean-François Husson, both members of the Les Républicains party, did not hesitate to comment on the news with irony: “Therefore, we thank our Greek friends for helping us reduce the deficit”, said the first, while the second addressed Amélie de Montchalin, asking whether France should not take inspiration from “Greek examples”.
