Breaking the debt cycle: Digitalization and structural reforms as drivers of growth and debt reduction — The Greek experience
To emerge from a deep and prolonged economic and debt crisis, Greece undertook a broad program of economic and administrative reforms aimed at restoring fiscal sustainability, reviving growth, and strengthening social cohesion. Since 2019, Greece achieved record debt reduction, improving its debt-to-GDP ratio from 209% to less than 140% in 2026, while achieving renewed economic growth and safeguarding vulnerable social groups.