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Greece early repayment of IMF loans to be completed by early December

Christian Fernsby |
Greece is expected to complete the early repayment of around 2.7 billion euros of outstanding debt owed to the International Monetary Fund by early December, Finance Minister Christos Staikouras was quoted as saying.

Topics: GREECE   

“The repayment will be concluded within the next two to three weeks,” Staikouras told the Thessaloniki Summit 2019.

During its worst debt crisis in decades, which broke out in late 2009, Greece was cut off from the markets and borrowed heavily from euro zone governments and the IMF.

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