Greece repaid a loan due Monday to the International Monetary Fund, further depleting cash reserves that risk running out this month unless a deal is reached with European partners.
Greece made the payment as scheduled, government spokesman Gabriel Sakellaridis said by telephone. The country was due to pay back about Euro 584 million ($615 million). The nation's central bank also said on Monday that its primary budget surplus narrowed to Euro 503 million in the first two months of the year, less than a third of the amount in the year-earlier period. As other repayments come due this week, the Greek government said on March 14 that it had a plan to "enhance its liquidity" and won't have problems paying wages or pensions.
Greece made the payment as scheduled, government spokesman Gabriel Sakellaridis said by telephone. The country was due to pay back about Euro 584 million ($615 million). The nation's central bank also said on Monday that its primary budget surplus narrowed to Euro 503 million in the first two months of the year, less than a third of the amount in the year-earlier period. As other repayments come due this week, the Greek government said on March 14 that it had a plan to "enhance its liquidity" and won't have problems paying wages or pensions.