Greece Plans Early Repayment of €8 Billion in Bailout Loans

Greece plans to repay bailout loans worth a total of €8 billion ($8.6 billion) ahead of schedule, underscoring the country’s progress in recovering from the debt crisis, Prime Minister Kyriakos Mitsotakis said.

The early repayment corresponds to three years of installments and represents the third time that Greece has moved to accelerate reimbursement of a loan package received in its first bailout program in 2010. The latest move will be the first time the country is making that much of a dent in the Greek Loan Facility.

“We actually did a lot since we were reelected” last year, he said ...