<p>Greece concluded the early repayment of expensive loans from the International Monetary Fund, the country's finance ministry said on Monday.</p>.<p>The move allows Athens to reduce its debt-servicing costs, because IMF loans carry higher interest than Greece would now pay in the market.</p>.<p>"The part of the loans that was repayed is 2.7 billion euros," the ministry said in a press release.</p>.<p>In October, the euro zone's rescue fund, the European Stability Mechanism, agreed to allow Greece to pay back earlier some of its debt to the IMF.</p>.<p>The decision followed a Greek government request to the ESM in September to repay some of its loans to the IMF, worth about 9 billion euros.</p>.<p>Greece, cut off from the markets during the sovereign debt crisis of 2010-2015, borrowed heavily from the IMF and euro zone governments. </p>
<p>Greece concluded the early repayment of expensive loans from the International Monetary Fund, the country's finance ministry said on Monday.</p>.<p>The move allows Athens to reduce its debt-servicing costs, because IMF loans carry higher interest than Greece would now pay in the market.</p>.<p>"The part of the loans that was repayed is 2.7 billion euros," the ministry said in a press release.</p>.<p>In October, the euro zone's rescue fund, the European Stability Mechanism, agreed to allow Greece to pay back earlier some of its debt to the IMF.</p>.<p>The decision followed a Greek government request to the ESM in September to repay some of its loans to the IMF, worth about 9 billion euros.</p>.<p>Greece, cut off from the markets during the sovereign debt crisis of 2010-2015, borrowed heavily from the IMF and euro zone governments. </p>