Greek Left Alliance urges 80% of state money to repay ND, PASOK debt

Greek Left Alliance ND debt PASOK debt state funding loan repayment

The Greek Left Alliance (ELAS) has put forward a proposal that 80 % of the regular state funding received by the two indebted parties, New Democracy (ND) and PASOK, be earmarked for the repayment of their bank loans. The plan also calls for elected officials elected on the lists of those parties – MPs, MEPs and other candidates – to contribute 50 % of their parliamentary allowances toward the parties’ debts. ELAS demands that all financial data of the parties be published annually so citizens can see the exact amounts owed and repaid.

According to the parties’ 2025 balance sheets, ND’s liabilities rose by €60.2 million and PASOK’s by €60.7 million, bringing the combined debt of the two parties to about €1.16 trillion, the bulk of which is owed to banks. Neither party has presented a concrete repayment schedule, and ELAS criticises them for continuing to receive public money while their debts exceed €1.1 trillion.

The proposal has sparked a sharp exchange between ELAS and PASOK, with PASOK accusing ELAS and its leader Alex Tsipras of “re‑branding” and of hiding funding sources, while ELAS maintains that it is funded by volunteers and members, not by banks.

Entities

Alex Tsipras · Alexis Tsipras · Greece · Greek Left Alliance (ELAS) · Greek government · New Democracy · New Democracy (ND) · PASOK · Theoni Koufonikola · Theoni Koupfonikolaou

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] ND’s debt increased by about €60.2 million compared with 2024. www.in.gr · www.larissanet.gr
[○ 1 SOURCE] PASOK’s liabilities for 2025 are approximately €565 million. www.larissanet.gr
[● 3 SOURCES] The majority of the €1.16 trillion debt is owed to banks. www.in.gr · www.dnews.gr · www.larissanet.gr
[● 3 SOURCES] New Democracy and PASOK together owe about €1.16 trillion for 2025. www.in.gr · www.dnews.gr · www.larissanet.gr
[● 3 SOURCES] ND and PASOK have not presented a concrete repayment schedule for their debts. www.larissanet.gr · www.in.gr · www.tastv.gr
[○ 1 SOURCE] New Democracy’s liabilities for 2025 are approximately €602 million. www.larissanet.gr
[● 4 SOURCES] ELAS asserts it is funded by volunteers and members, not by banks. prismaradio.gr · www.in.gr · www.dnews.gr
[● 2 SOURCES] PASOK’s debt increased by about €60.7 million compared with 2024. www.in.gr · www.larissanet.gr
[● 2 SOURCES] ELAS proposes that 80 % of regular state funding for ND and PASOK be directed to repay their bank loans. www.in.gr · www.alfavita.gr
[● 2 SOURCES] ELAS proposes that elected officials from ND and PASOK contribute 50 % of their parliamentary allowances to party debt repayment. www.in.gr · www.alfavita.gr
[● 2 SOURCES] ELAS calls for annual public disclosure of all financial data of ND and PASOK. www.in.gr · www.tastv.gr