Stretched out Greek loans

Bailout loans to Greece could be stretched out or replaced if refinancing worries lingered in markets, the IMF said yesterday, but it currently has no concrete plans to do so.

Earlier in the day, a top European Central Bank official had said the IMF was considering whether to lengthen Greece's €110bn (£96.4bn) loan programme, launched in May.

“We are aware that markets are concerned about the repayment schedule..," an IMF spokeswoman said.