November 21, 2019 / 12:34 PM / 23 days ago

Greece to conclude early repayment of IMF loans next week - Finance Minister

FILE PHOTO: Greek Finance Minister Christos Staikouras speaks during a parliamentary session before a confidence vote on government policies in Athens, Greece, July 22, 2019. REUTERS/Costas Baltas

ATHENS (Reuters) - Greece will conclude an early repayment of loans from the International Monetary Fund (IMF) next week, Finance Minister ChrIstos Staikouras said on Thursday.

The move allows Athens to reduce its debt-servicing costs, because IMF loans carry higher interest than Greece would now pay in the market.

Reporting by Lefteris Papadimas

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