Greece wins European creditors’ approval to repay IMF early
ATHENS, Greece (AP) — Greece has won approval from its European creditors to repay part of its debts to the International Monetary Fund earlier than required, thus avoiding cumbersome interest payments.
Monday’s decision also spares Greece the obligation of having to make a massive early repayment to the Europeans too, whose loans carry lighter interest than the IMF ones.
Finance Minister Christos Staikouras said the decision would improve Greek debt sustainability and boost market c
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