Greece Makes IMF Repayment as Cash Reserves Running Dry

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Greece repaid a loan due Monday to the International Monetary Fund, further depleting cash reserves that risk running out this month unless a deal is reached with European partners.

Greece made the payment as scheduled, government spokesman Gabriel Sakellaridis said by telephone. The country was due to pay back about 584 million euros ($615 million). The nation’s central bank also said Monday that its primary budget surplus narrowed to 503 million euros in the first two months of the year, less than a third of the amount in the year-earlier period.