Greece has begun the transfer of 750 million euros ($836 million) to the International Monetary Fund one day before the payment is due, the finance ministry said on Monday.
The order to effect the payment due Tuesday has been given to Greece's Public Debt Management Agency, it added. With the government running short of cash, there have been concerns about whether it will make upcoming foreign debt repayments, although Athens has repeatedly stated it will honour its obligations.
Greece has begun the transfer of 750 million euros ($836 million) to the International Monetary Fund one day before the payment is due, the finance ministry said on Monday.
The order to effect the payment due Tuesday has been given to Greece’s Public Debt Management Agency, it added. With the government running short of cash, there have been concerns about whether it will make upcoming foreign debt repayments, although Athens has repeatedly stated it will honour its obligations.
