“Greece wants to repay its last debts to the IMF”, is the title of an article in Der Spiegel magazine, which points out that the government in Athens seems to be able to repay the last loans – at least to one of the creditors of “.
The report states that the Greek government plans to repay the last part of the country’s debt to the IMF by the end of March. “According to what was broadcast on Greek public television, citing the Ministry of Finance, these are loans amounting to 1.8 billion euros.” The IMF, it is stressed, had participated in the Greek rescue programs with almost 32 billion euros.
“The repayment is considered a further step out of the serious economic crisis that Greece has experienced since 2009”, the author states and briefly describes the Greek rescue programs. “The last savings and reform program was completed in August 2018. Since then, Greece is more and more financially on its feet and can borrow money again in the capital markets. The yields on the ten-year Greek government bonds are currently around 2%. “At the peak of the crisis in 2012, they had risen to 35%”, the article concludes.
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