/ world today news/ Greece is no longer officially in arrears in its payments to the IMF, after paying it nearly 2 billion euros on Monday, AFP reported, referring to an official statement by the Fund.
Athens once again has access to financing and loans from the International Monetary Fund, which participated together with the European Commission and the European Central Bank (ECB) in the financial rescue of Greece. The disbursement operations of around 2 billion euros to the IMF and 4.2 billion to the ECB began on Monday.
Greece, which has been starved of fresh capital by its creditors since August 2014, was unable to pay a €1.56 billion due date to the IMF on June 30, as well as another €457 million due on July 13 . Their payout started today. Athens must also pay about 3.5 billion euros to the European Central Bank, as well as nearly 700 million euros in interest.
All this became possible after the European Union unblocked 7.16 billion euros for Greece, under the agreement signed last Monday with its creditors.
Greece has planned to repay on Monday a loan of 500 million euros to the National Bank, the maturity of which was at the end of June.
Thanks to the EU loan and state resources, Athens should be able to pay off all of its debt by the end of the month, which also includes the payment of pensions and salaries to civil servants.
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