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Greece pays 340 million euro tranche to IMF

The Greek government found the requisite liquidity to repay another 340-million-euro instalment of the loan it has received from the International Monetary Fund (IMF) on Friday (March 20), according to Dow Jones Newswires, citing two government sources.

 

Following today's payment, Greece has repaid nearly 1 billion euros from the total 1.5 billion. Euros required to be repaid this month.

Greek government officials have stated that the country has sufficient liquidity to meet its obligations to mid-April, and discussions are continuing with its international creditors to ensure the next "tranches" of liquidity from the bailout worth 240 billion euros.