Greece Bailout Loans Should Be 'Behind Us By 2031': Finance Minister
Greek Finance Minister Kyriakos Pierrakakis says the nation plans to repay loans from its first bailout program 10 years ahead of schedule. The last repayment of this set of loans was scheduled for 2041, but Pierrakakis tells Bloomberg's Oliver Crook "it should be completely behind us by 2031." He adds: "We plan to continue de-escalating our debt. We don't plan to pass the bill to the next generation as all the previous generations in Greece did."
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