NEWS

Reuters: Greece repays first part of IMF loan due in March

Reuters: Greece repays first part of IMF loan due in March

Greece repaid the first 310 million euro installment of a loan from the International Monetary Fund (IMF) that falls due this month, as it scrambles to cover its funding needs, a government source said on Friday (06/03/2015), according to Reuters news agency.

Prime Minister Alexis Tsipras' newly elected government must pay a total of 1.5 billion euros to the IMF this month over two weeks starting on Friday, Reuters added.