20:59 GMT +316 February 2019
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    The EURO logo is pictured in front of the European Central Bank, ECB in Frankfurt/Main, central Germany, on November 6, 2014

    ECB Confirms Partial Debt Repayment From Greece

    © AFP 2018 / DANIEL ROLAND
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    Greece's Gordian Knot: Syriza Tackles Austerity (404)
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    The European Central Bank (ECB) confirmed that Greece began repayment of its debt.

    A broken piggybank painted in the colours of the Greek flag lies amongst various euro coins in front of letters spelling the word 'GREECE' in this picture illustration taken in Berlin, Germany June 30, 2015
    © REUTERS / Pawel Kopczynski
    MOSCOW (Sputnik) — The European Central Bank (ECB) confirmed on Monday it received a loan repayment from Greece.

    Earlier in the day, media reported Greece began to repay a 4.2 billion euro ($6.8 billion) debt to two of its international creditors, the ECB and the International Monetary Fund (IMF).

    “ECB confirms it has been repaid. #Greece,” the institution said via its Twitter account.

    The IMF also confirmed Monday Greece made a debt repayment of $2.2 billion.

    The payments come after the European Commission offered a short-term bridge loan worth at least 7 billion euro ($7.6 billion) to assist Greece last week as the eurozone leaders reached an agreement on a third bailout package for Athens.

    Greece's Gordian Knot: Syriza Tackles Austerity (404)


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    bailout program, The European Central Bank (ECB), Greece