UN envoy slams anti-Russian sanctions imposed over North KoreaRussian Politics & Diplomacy August 23, 21:29
Criminal case over Ukraine's map without Crimea and Donbass opened in KievWorld August 23, 21:17
Netanyahu says every encounter with Putin benefits Israel’s securityWorld August 23, 19:15
Netanyahu determined to prevent Iran from strengthening positions in SyriaWorld August 23, 18:21
Russia's military might on display at Army-2017 forumMilitary & Defense August 23, 18:20
Russian defense minister examines weapons seized from terrorists in SyriaMilitary & Defense August 23, 18:12
Grand Russian art exhibition to be held in Vatican in 2018Society & Culture August 23, 17:47
Argentinian footballer Emiliano Rigoni signs contract with Russia’s Zenit FCSport August 23, 17:36
German chancellor suggests exerting diplomatic pressure on North KoreaWorld August 23, 17:01
ATHENS, April 9. /TASS/. Greece will repay a €450 million loan tranche to the International Monetary Fund (IMF) on time today. At talks on April 5-6 with IMF and US Treasury Department, Greece’s finance minister pledged that Athens will fulfill its financial obligations.
On April 24, Greece will hold talks with the European Union at the meeting of the union’s finance ministers in Riga about the €7.2 billion loan tranche. By June, Athens also plan to finish talks on restructuring its foreign debt of €324 billion (178% of GDP). However, creditors think that cash-strapped Greece will run out of funds by mid-May and face even more serious problems with liquidity in June.
International creditors have not transferred loan tranches to Greece from August 2014 as Athens repays its debt on time. Greece made it clear for the EU and IMF that it will not service the state debt at the expense of domestic reserves if creditors fail to transfer loan tranches they have been delaying since 2014.