Athens plans to bundle its repayment of IMF loans

Market news

5 June 2015

Athens plans to bundle its repayment of IMF loans

According to the IMF and Greek officials, Athens plans to bundle its repayment of IMF loans. Greece have to repay of around $1.7 billion IMF loans.

"The Greek authorities have informed the Fund today that they plan to bundle the country's four June payments into one, which is now due on June 30," IMF spokesman Gerry Rice said on Thursday.

Greece had to repay its IMF loans on June 5, 12, 16 and 19.

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