Greece’s debt stands at 328.34 bln€ at end of June

Greek foreign debt stood at 328.34 billion euros at the end of June, up from 321.015 billion euros in March, following the conclusion of the first review of the Greek program (third bailout) and disbursement of the most recent loan tranche from institutional creditors.

Of the total, some 225.96 billion euros, or 68.9 percent, is owed to institutional creditors, the SSM, the ECB and the IMF.

Meanwhile, Greek State Guarantees reached 13.859 billion euros in the first half of the year, while 2016 also witnessed the first default of a state-guaranteed loan – taken by the state-run railways (OSE) – and the sum of 608.21 million euros added to the country’s overall debt.