Greece pays IMF and ECB

Greece pays IMF and ECB

Athens, July 21, 2015/ Independent Balkan News Agency

By Spiros Sideris

In the announcement that Greece no longer has any outstanding debts to the IMF, proceeded on Monday the communication director of the International Monetary Fund Jerry Rice.

“I can confirm that Greece has now fully repaid all arrears to the IMF, amounting to SDR 1.6 billion, or about EUR 2 billions. Therefore, Greece is no longer has overdue debts to the IMF”, said Rice.

The IMF official also stated that the Fund is ready to continue to assist Greece in its efforts to return to economic stability and growth.

According to information, the IMF staff and other institutions are expected to come to Athens, most likely Thursday.

The bond of the European Central Bank has been repaid

The European Central Bank (ECB) has confirmed that the Greek government repaid the bond it was holding in its treasury. The total amount of capital plus interest reportedly amounted to EUR 4.2 billion.