Greece repaid all bailout debt to the IMF. Credit: Simon D. McCourtie, CC BY-NC-ND 2.0Greece will repay its bailout-era debts to the International Monetary Fund (IMF) in April, some two years early, Finance Minister Christos Staikouras announced on Saturday.
Speaking on Skai TV, Staikouras said that the final payment will be made “in the next couple of weeks.”
He stressed that the early repayment of 8 billion euros bailout debts to the IMF “will benefit Greek taxpayers by 250 million” ($276 million).
Greece has been ramping up its payment schedule as it looks to refresh its image on bond markets after a decade-long financial crisis.
Athens was forced to accept several international bailouts after borrowing on international debt markets became prohibitively expensive.
