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Greece Mulls Early IMF Repayment as Aid Tranche Nears
Greece’s plans to repay part of its loans from the International Monetary Fund ahead of schedule may soon come to fruition, paving the way for the debt-stricken nation to claim it has taken another step toward economic normalcy. Early repayment of expensive IMF loans has been a longstanding ambition of the Greek government, as it seeks to bring down its debt refinancing costs. Talk of the plan comes as the country moved closer to fulfilling a first set of post-bailout commitments, which will likely allow for the disbursement of some 1 billion euros ($1.12 billion) in aid at a meeting of euro-area finance ministers ... (full story)