The early repayment of the balance of loans that Greece had received from the International Monetary Fund was approved on Friday by the Eurozone finance ministers.
The Minister of Finance, Christos Staikouras, expressed his satisfaction for this development, pointing out in his statements to the press that in the midst of increased global uncertainty and insecurity, Greece has taken an important step, which is a proof of its strengthening and self-confidence.
The Minister of Finance underlined that the government of ND is the one that started the discount in November 2019, continued it in March 2021 and completes it in the spring of 2022.
“This is a very positive development for our country, with high symbolic value and substantial benefit. A development that certifies the progress and dynamics of the Greek economy, strengthens the credibility of our country, has a positive effect on public debt and saves resources for the benefit of society, “said Chr. Staikouras pointing out at the same time that the total benefit of the three IMF discounts is set at 230 million euros. It is noted that the balance of the Greek debt was at 8.2 billion euros and its repayment was made two years earlier.
A benefit that, as he said, “is used by the government to support households and businesses”.
“Today, a significant development, is a result of the effective economic policy of the government, in the midst of multiple crises and demanding circumstances. “A policy that has allowed the country to recover strongly, to develop sustainably and fairly and to be strengthened in many ways,” concluded the Minister of Finance.
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