ESM clears way for second early IMF €3.3 billion repayment by Greece

The European Stability Mechanism (ESM) on Thursday gave the “green light” for the second early repayment of a Greek loan to the International Monetary Fund, worth around 3.3 billion euros, ANA reports.

In an announcement, ESM said that the Boards of Directors of the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) agreed to waive the mandatory early repayment obligation of ESM/EFSF loans in connection with Greece’s planned second early repayment to the International Monetary Fund (IMF).

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

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