Brussels, July 3 (IANS) The board of directors of the European Financial Stability Facility (EFSF) on Friday decided to reserve its rights on EFSF loans to Greece, after the non-payment by Greece to the International Monetary Fund (IMF). The EFSF is eurozone's rescue fund and Greece's biggest creditor. According to a statement released by EFSF, the EFSF board of directors decided not to request immediate repayment of its loans nor to "waive its right to action", meaning it may act in a later stage to call in the outstanding loans to Greece, Xinhua news ageny reported.
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