Economy

Reuters reveals Greece mulling more IMF repayments next year, targeting lower surplus

Reuters reveals Greece mulling more IMF repayments next year, targeting lower surplus

Greece is considering repaying more IMF loans ahead of time next year to offload expensive debt and wants to convince its official lenders to lower its post-bailout fiscal targets, Finance Minister Christos Staikouras revealed to Reuters. “It is possible for a new early repayment of an additional part of IMF loans in 2020,” he said in an interview with Reuters, without disclosing how much Athens would seek to repay in 2020. Greece owes the Fund 5.5 billion euros ($6.06 billion).