TALLINN - Estonia is to repay a 50 million euro ($73.69 million) loan to Swedish Swedbank this year, ahead of the due date of June next year, so it can save on interest payments, the finance ministry said on Thursday.
The loan was originally aimed at supporting state budget liquidity.
'Cash flow and liquidity are adequate for the coming months to cope with the disbursement of government expenditure, ' Finance Minister Jürgen Ligi said in a statement.
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Estonia to repay 50 mln euro Swedbank loan early