On the government of the South, the debt from 353 billion ECU was raised by the Bank. in 2019 it was ejected to 400.5 billion in 2026 with a high of 406 billion euros in the interval...
There's a question in society...
Why the Greek Public Debt It doesn't?
It should be noted, first and foremost, that in recent times the Greek Public Debt of Central Administration has remained stable in EUR 400 billion zone.
On its governance South debt from 353 billion in 2019 was ejected to 400.5 billion in 2026 with a high of 406 billion euros in the interval...
Greek debt
General government debt 2026 EUR 357 billion
General government debt 2010 EUR 356 billion
Central Administration Debt 2017 EUR 325 billion
Central Administration Debt 2019 EUR 353 billion
Central Administration Debt 2026 EUR 400.5 billion
Growth in the governance of the South West... EUR 47.5 billion
Why does the Greek debt of 400.5 billion not decrease?
To answer this question, we need to see the structure of debt and the amount of Greece's cash reserves.
Cash flow amounts to 38 billion ecus. Of which 24.5 billion are related to a capital pillow for debt to the ESM and EFSF... i.e. the institutions created to finance troubled countries such as Greece the time of Memories.
So the state's net fund is $13.5 billion.
However, the total General Government Cash Reserves It is now 45 billion. with a dilated interpretation so the net fund (less 24.5 billion). For debt) is set at 20.5 billion. However, as we will see, this high fund is linked to the intra-government loan.
To stress that Greece today after the payments owes to European Support Mechanisms About 216 billion ECU EUR 24.5 billion Capital pillow exists to protect 216 billion. EUR and not total debt in substance.
We therefore note that Greece cannot reduce its public debt to 400 billion.
The problem is two factors...
1) On the one hand, Greece repays loans to European Support MechanismsA few years ago it was 264 billion and today it is 216 billion.
2) Greece to support the government mechanism keeps intra-government loan or repos or short-term loan at 59 billion euros high.
On the one hand, we have a payment obligation on the European Support Mechanisms and on the other hand Greece maintains an extremely high intra-government loan or repos.
Repos of 59 billionThey essentially support the country's state system without them Greece would be a dead economy in a sense...
This explains why the Greek State Debt remains stuck in 400 billion And it won't get as far as we owe the European Support Mechanisms.
At the same time Greece is borrowing from markets through bonds and interest rates in general we have borrowed 108 billion. to meet wider needs of the state and together with the repos a hostage scene is created.
So if we want to explain why Greek Debt It's stuck at 400.5 billion. European Support Mechanisms And the hostage in the repos have trapped Greece...
There is an unprecedented restructuring as loans are reduced by the European Support Mechanisms these 216 billion. This will increase the borrowing from the markets to 108 billion today...
This image won't change until 2035, so for many years we'll still have static debt.
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