The Public Debt Management Agency (PDMA) today published on its updated website data regarding the total amount of financial obligations (loans, bonds, treasury bills) directly undertaken by the state through its central bodies. Specifically, the country’s Public Debt decreased to €400.5 billion at the end of the first quarter of 2026, down from €406.5 billion at the end of 2025.
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Public debt at central administration level
Greece’s public debt decreased to €400.5 billion at the end of the first quarter of 2026, down from €406.5 billion at the end of 2025, according to data published today by the Public Debt Management Agency (PDMA) on its updated website.
The above figures relate to public debt at central administration level, which includes government bonds purchased by domestic public entities (e.g., insurance funds, hospitals, municipalities).
This refers to the total amount of financial obligations (loans, bonds, treasury bills) directly undertaken by the state through its central bodies.
Public debt at general government level
At the general government level (which excludes intra-governmental debt), public debt decreased to €360.5 billion from €362.95 billion at the end of 2025.
Central administration cash reserves at the end of March decreased to €13.028 billion from €16.1 billion at the end of 2025.
It should be noted that cash reserves include the cash buffer account, the so-called “hard cushion,” with a balance of €5.4 billion.
The average interest rate at which public debt is serviced stood at 1.38% and 1.84% when including deferred tax.
The largest portion of public debt represents bilateral loans and loans received by the country through the memorandum mechanisms, which by the end of March had decreased to €292.2 billion from €297.45 billion at the end of 2025.
