By Jonathan Davies

Greece has promised to meet today's (Thursday) deadline of making a €460m repayment to the International Monetary Fund (IMF).

"The payment has been scheduled and will go out later today," a Greek government official told Reuters.

Greece had previously warned that it may be forced to default on its debt in order to pay pensions and public sector wages.

However, Greece faces other and larger debt repayments in the coming weeks. And the eurozone has said Greece has six days left to come up with revised economic reforms in order to agree its next bailout package.

Eurozone deputy finance bosses want the terms of the €7.2bn loan to be agreed before the Eurogroup meeting on 24 April.

Greek Prime Minister Alexis Tsipras traveled to Moscow to meet with Russian President Vladimir Putin this week. Rumours circulated, suggesting that Greece could turn to Russia for alternative funding. However, Mr Tsipras said yesterday (Wednesday) that he was not asking Russia for aid.