Finance Minister: Greece has repaid high-interest part of IMF loan

TornosNews.gr 25.11.2019 | 22:51
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Finance Minister: Greece has repaid high-interest part of IMF loanThe repayment improves Greece's creditworthiness, reduces the cost of borrowing and the amount of future installments

Greece has completed the early repayment of the high-interest part of an outstanding International Monetary Fund loan, after a decision Monday by Finance Minister Christos Staikouras, ANA reports.

The Finance Ministry had requested the activation of the process on September 16, it noted in a statement, adding that the move fulfills yet another campaign promise by the government of New Democracy.

RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report

 

 

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