The head of the IMF has welcomed a promise by Greece not to default on its debt repayments.

Christine Lagarde says she's pleased that part of the money owed to the Fund will be paid in just three days time.

She's also praised Greece's Finance Minister, Yanis Varoufakis, saying she "exchanged views on current developments and we both agreed that effective cooperation is in everyone’s interest."

"I reiterated that the Fund remains committed to work together with the authorities to help Greece return to a sustainable path of growth and employment,” she said.

Policy discussions over the terms of Greece's €110bn debt will resume in Brussels today.