Greece has begun to repay the 6.25 billion euros ($6.8 billion) it owes to the European Central Bank (ECB) and International Monetary Fund (IMF), finance ministry officials told Reuters Monday.
However, experts are worried that the next round of bailout talks is skating over one vital subject: Debt relief.
According to Reuters, Athens on Monday began paying back 4.2 billion euros in principal and interest to the ECB and 2.05 billion euros in arrears it has owed the IMF since it stopped repaying its debts at the end of June.
It is also repaying a 500 million euro loan to the Greek central bank.
The country is paying its bills using a 7.16 billion euro bridging loan secured last week after it agreed to a series of harsh reforms. The measures, which have to be put into law, should result in the country receiving its third bailout.
Talks over the details of a third, 86-billion-euro ($93 billion) bailout for Greece are due to start in earnest on Monday after euro zone parliaments gave them the green light last week.
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