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Sherman A1

(38,958 posts)
Tue Apr 5, 2022, 01:55 PM Apr 2022

Greece repays IMF debt two years ahead of schedule, says finance minister

Greece has paid off its entire debt from the financial crisis to the International Monetary Fund (IMF), two years ahead of schedule.

Finance Minister Christos Staikouras said the repayment "closes the chapter" that was opened in May 2010.

"[This is] “a very positive development,” Staikouras stated, adding that the country could save around €230 million in interest.

Greece’s European Union bailout lenders gave the formal go-ahead last week for the early repayment of the outstanding loans worth €1.86 billion.

https://www.euronews.com/2022/04/05/greece-repays-imf-debt-two-years-ahead-of-schedule-says-finance-minister


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Greece repays IMF debt two years ahead of schedule, says finance minister (Original Post) Sherman A1 Apr 2022 OP
Good. Glad to see a country get out of debt. nt yagotme Apr 2022 #1
Wonderful news - good for Greece. nt crickets Apr 2022 #2
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