IMF confirms that Greece has settled overdue payments to the fund
The International Monetary Fund (IMF) on Monday confirmed that Greece has paid an overdue instalment of nearly 2.0 billion euros that has been in arrears since the end of June. The announcement was made by IMF Director of Communications Gerry Rice.
“I can confirm that Greece today repaid the totality of its arrears to the IMF, equivalent to SDR 1.6 billion (about EUR 2.0 billion). Greece is therefore no longer in arrears to the IMF.
“As we have said, the Fund stands ready to continue assisting Greece in its efforts to return to financial stability and growth,” Rice said.
