Greek debt back on the upswing, reached 171 per cent in third quarter

  • 2/10/2023
  • 16:17
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Luxembourg, Rabi'II 12, 1437, Jan 22, 2016, SPA -- Greece's public debt swung back up in the third quarter of last year, reaching 171 per cent of gross domestic product (GDP) and registering one of the largest quarterly increases in Europe, dpa cited new data as showing Friday. Government debt has been at the core of the economic woes that have plagued the Mediterranean country, which has received three bailouts since 2010. Experts from its international creditors are expected to soon start reviewing progress made by the country on bailout-related reforms, in a process that Athens hopes will lead to further debt relief. Greece's public debt amounted to 301.9 billion euros (327.6 billion dollars) in July to September 2015, the EU statistics agency Eurostat said Friday. --SPA 14:26 LOCAL TIME 11:26 GMT www.spa.gov.sa/w

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