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Greece’s €1.1 Billion Early Repayment Eases France’s 2025 Budget Math

France is treating the repayment as a one‑off windfall to help close the 2025 books.

Overview

  • French lawmakers disclosed during 2026 budget and end‑of‑year finance bill debates that Greece repaid €1.1 billion to France in 2025.
  • The payment covers capital that had been scheduled for 2033–2041 under bilateral loans extended in 2010 during the Greek crisis.
  • Bercy incorporated the unexpected receipt into the 2025 accounts, helping keep the deficit outcome in line with government forecasts.
  • Budget rapporteurs Jean‑François Husson and Philippe Juvin publicly flagged the repayment and questioned Public Accounts Minister Amélie de Montchalin during debates.
  • Le Parisien reports Greece also prepaid €1.7 billion in 2024 and seeks to reduce legacy debt, while Montchalin now warns the 2026 deficit could be about 5% of GDP versus the 4.7% target.