Greece plans to repay more than 7 billion euros in loans from the International Monetary Fund (IMF) and eurozone partners over the next two months to prevent bankruptcy during the financial crisis, two Greek officials told Reuters.

That is the remaining 28 billion euros which this international creditor provided to Greece in two aid packages in the period from 2010 to 2014.

Additionally, By the end of the first quarter of this year, about 5,3 billion euros in loans approved by Greece's partners in the eurozone, maturing in 2022 and 2023, will be repaid.

"We plan to complete the repayment in the next two months," a Greek official told Reuters, while another said it would help Greece reduce its debt to GDP, a signal to markets that the Greek economy was strong and healthy.

From 2010 to 2015, Athens received three packages of financial assistance from the European Union and the IMF, totaling over 260 billion euros. After leaving the bailout program in 2018, it relied solely on debt markets for financing purposes.

Greece repaid the IMF about 6,0 billion euros before the 2019 and 2021 deadlines, and has another 1,8 billion euros in unpaid loans to the Fund, whose repayment period is until 2024.

The government also started last year with the first repayments of loans to rescue eurozone partners and wants to accelerate the pace of debt repayment.

Official Athens estimates that the national economy grew by 9,0 percent in 2021, after the economy recovered from the first wave of blockades imposed due to covid-19, and predicts growth of over 5,0 percent this year.

Greece has about 32 billion euros in reserve cash, which is enough to cover the debt maturity in the next at least three years, according to Reuters.