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This Article is From Jul 20, 2015

Greece Begins Paying IMF, ECB Debt: Source

Greece Begins Paying IMF, ECB Debt: Source
File Photo:Anti-austerity protesters wave a greek flag as they attend a rally in front of the parliament in Athens, Greece, on July 10, 2015. (Reuters)
Athens: Greece has begun making a 4.2 billion euro ($4.6 billion) payment due to the European Central Bank today as well as outstanding sums due to the International Monetary Fund, a ministerial source said.

"The payment has begun," confirmed the source close to the Greek finance ministry. The transfer was made possible by a short-term "bridge" loan of 7.16 billion euros granted by the European Union on Friday.

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