Greece planning to raise €11 billion from bond markets in 2025

Following recent upgrades from rating agencies and the achievement of fiscal stability, Greece plans to tap international markets in 2025, seeking to raise 11 billion euros.

The Greek state's presence in the bond markets next year is expected to be more intense compared to this year, due to the increased financing needs of the state budget.

According to the Budget Introductory Report submitted to Parliament by National Economy and Finance Minister Kostis Hatzidakis, the state's net borrowing in 2025 will be almost double compared to this year and is expected to reach €8.5 billion from €4.07 billion in 2024. To cover its financing needs, the state will raise €11 billion from the bond market from approximately €9 billion that it is expected to raise this year.

The increased borrowing needs in 2025 arise from the increase in the state budget deficit on a cash...