Greek Media: While We Struggle to Make Ends Meet, Macedonia Has Paid Its Debt

While Athens is struggling to make ends meet with its empty budget and is most likely preparing for a new loan from international creditors, Macedonia has paid off its debts, 13 months in advance, Telegraf.mk reads.

This conclusion was announced Tuesday by Greek media, in reports related to the early payment of the debt Macedonia had towards the International Monetary Fund, citing at the same time the statement of the IMF chief, Christine Lagarde.

"I salute the decision of the country to pay its remaining commitments to the Fund before due time, which is reflecting the improved approach of the international capital markets. We eagerly expect to continue the close and constructive dialogue with the Macedonian authorities," Lagarde said.


Greek media add that the payment of Macedonia's last installment of the precautionary credit line, in the amount of USD 174 million, has been transferred in the end of February, i.e. 13 months before the deadline in March 2016.


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