Richard Edgar

Economics Editor

Richard is the Economics Editor for ITV News, reporting and analysing the challenges and recovery of the UK economy. Richard has been covering financial news for 15 years, bringing insight and analysis to events in Britain and around the world.

  1. Richard Edgar

Greece repays 0.75bn euros a day earlier than expected

It took everyone by surprise when Greece stumped up three-quarters of a billion euros a day earlier than expected. Normally, these things go to the wire, because cash really is in very short supply in the country.

Perhaps it was a signal to the ministers gathering here that Greece really is trying to sort itself, that it wants to negotiate in good faith.

Now, that may be, but it's only one of the hurdles that the country faces this summer - a long list of bills that it has to pay. It needs a breakthrough here.

Today I think it inched closer to that, but tonight Greece is still in a precarious position.

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