Greece repays ECB debt with new bailout money

‘Greece made a crucial 3.2 billion euro debt repayment on Thursday using newly released bailout funds, a government source said, as a senior minister argued for rapid elections following a rebellion in the ruling party.

The repayment to the European Central Bank marked another step for Greece away from near financial collapse, but Prime Minister Alexis Tsipras must now tackle a political crisis after anti-bailout rebels robbed his government of its parliamentary majority.

Athens repaid the debt using money from the first instalment of its new bailout after the programme cleared its final hurdle on Wednesday night, with the ESM European bailout fund approving the 86 billion euro ( deal.

“The payment was made, the funds are on their way,” the official told Reuters.’

Read more: Greece repays ECB debt with new bailout money

The post Greece repays ECB debt with new bailout money appeared first on David Icke.