Using part of a €7 billion bridge loan of the ESM, Greece started yesterday (20.07) the payments of about €2 billion euros to the IMF in addition to €4.2 billion euros to the ECB for a bond that expires today and about €500 million to the Bank of Greece.

The International Monetary Fund announced yesterday (20.07) that Greece was no longer in default on its loans after remitting about €2 billion ($2.2 billion) to make up for missed debt payments. "I can confirm that Greece today repaid the totality of its arrears to the IMF.... Greece is therefore no longer in arrears to the IMF," said spokesman Gerry Rice in a statement.

The European Central Bank (ECB) also confirmed that it had been paid by Greece for bonds in its portfolio that matured yesterday in a tweet, which simply said: "The ECB confirms that it has been repaid. #Greece."