Greek financial crisis - 2009 to present

 

Greece misses second IMF loan payment of 456 euros, arrears now at 2 billion euros - IMF spokesman


PUBLISHED Mon, July 13, 2015 - 6:32pm EDT





  Greece        78 UPDATES

 



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 2 yrs   Greece repays 4.2 billion euros to European Central Bank

              Greece has repaid the European Central Bank (ECB) about €4.2 billion ($4.5 billion), avoiding a potential cut in emergency lending to Greek banks. "The ECB confirms it has been repaid," an ECB spokesperson said in an emailed statement. Greece had to repay a €3.5 billion ($3.8 billion) bond and €700 million ($759 million) in interest to the ECB to avoid a possible cut. The payment follows a €2 billion ($2.17 billion) payment earlier today to clear Greece's arrears at the IMF. Both payments were made possible thanks to a 7.16 billion euros ($7.77 billion) short-term loan approved by the European Union on Friday.


  Greece        78 UPDATES

 


 


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