Greece could be allowed to make four payments totaling 1.6 billion euros to the International Monetary Fund by the end of June, Kathimerini understands. A first instalment of 300 million euros is due on Friday.
According to a top-ranking IMF official, the IMF appeared willing to agree to the payment scheme provided Athens submits a request. Such a move would give a certain level of flexibility to the Greek government.
Besides the June 5 payment, a second instalment of 350 million euros is due on June 12, a third payment of about 560 million euros is due on June 16 and a fourth one of 350 million euros on June 19.
According to sources, the Greek government had secured the funds for the payment of the first two instalments.