ATHENS--Greece has met the deadline for repaying the first part
of it loan to the International Monetary Fund for March, a senior
government official said on Friday.
The installment, which was due on Friday, was worth EUR310
million euros ($341.93 million). Greece has to pay EUR1.5 billion
in total to the IMF over the next two weeks.
The senior government official added that the Greek Finance
Ministry has sent another list of reform proposals to Brussels
ahead of a crucial meeting of eurozone finance ministers on
Monday.
"It mainly clarifies the reforms that have already been sent and
adds some new ones," the government official said.
Athens last month struck an agreement with its creditors for a
four-month extension to the terms of its bailout. As part of the
deal, the government sent a list of proposals outlining a number of
reforms for the cash strapped economy, including a draft bill to
restructure the repayment of state arrears, and reforms to the
auditing and collection of taxes.
But Greece faces a funding shortfall in the coming weeks if it
fails to agree a revised program of austerity measures with its
international creditors.
Earlier on Friday, Bank of Greece Governor Yannis Stournaras met
with the Greek Prime Minister Alexis Tsipras to brief him on the
outcome of the European Central Bank's governing council meeting
for March.
After the meeting, Mr. Stournaras told reporters Greek banks
were sufficiently recapitalized and there is no danger for
deposits. But he added that Monday's Eurogroup has to be
"successful" for Greece.
Write to Nektaria Stamouli at nektaria.stamouli@wsj.com
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