Eurogroup welcomes progress on Greece as country makes IMF payment

Greece’s finance ministry on Monday ordered the payment of a 750 million euro installment to the International Monetary Fund (IMF) on May 12.

Prior to Monday’s crucial Eurogroup meeting in Brussels it was not clear whether the Greek government would have the money available to pay the Fund. However, as finance minister Yanis Varoufakis and government spokesman Gabriel Sakellaridis confirmed, the payment will not be connected by the government to the result of the Eurogroup meeting.

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(Photo: G Schouten de Jel)