Greece pays IMF loan

Greece has met the deadline for paying its loan to the International Monetary Fund due in April, a senior finance ministry official said Thursday, as the country΄s cash reserves continue to dry up.

The installment, which was due Thursday, was worth some EUR460 million ($494 million).

During a meeting with IMF Managing Director Christine Lagarde on Sunday in Washington, the Greek Finance Minister Yanis Varoufakis said that his government would meet “all obligations to all its creditors,” in an effort to end speculation–fueled partly by other Greek officials in the past week–that Athens might delay the payment that was due Thursday.