The Greek government plans to repay emergency loans totalling eight billion euros in advance, that is, before the loans' maturity.
The payment would correspond to three years' amortisation and would be the third time Greece has brought forward loan repayments.
The decision has been made despite the official growth forecast for the Greek economy recently being lowered to 2.5 per cent this year, down from a previous forecast of 2.9 per cent growth.
Greece has, since the country's deep debt crisis, which created great political turmoil in the country and threatened to expel the country from the eurozone on several occasions between 2010 and 2015, managed to reduce the national debt as a percentage of GDP to just over 150 per cent this year. This is after a peak of 207 per cent of GDP in national debt in 2020.
An explanation for the recovery of Greek public finances is large debt write-offs as well as domestically contested public spending cuts and privatisations.
