Tax & Spend

Greece Weighs Further Early Repayment of Bailout Era Loans

Shoppers at a farmers market in Athens.Photographer: Hilary Swift/Bloomberg

Greece is looking into repaying even more of its bailout loans ahead of schedule this year, a person familiar with the matter said.

The country already plans an early repayment next month of €6.9 billion ($8.1 billion) of its bailout-era loans, but if it borrows further funds from markets it will also consider repaying more official sector debt, the person said. Alternatively it could proceed with a buyback of existing bonds, the person added, speaking under the condition of anonymity as there is no final decision yet.