1 Jul 2013
Troika inspectors back in Greece
Officials from the Eurozone, the ECB and the IMF returned to Athens today in order to conduct another review of the Greek bailout program. If the outcome of the assessment proves to be positive the country will receive the next, 8.1 billion euro tranche of aid.
This afternoon Troika inspectors and Greek finance minister Yannis Stournaras will resume talks after a two-week break, forced by a turmoil caused by the closure of the state broadcaster ERT. The main points on the meeting agenda are the delays in the implementation of the Greek privatization plan and in the required massive layoffs in the public sector.
According to Reuters, international lenders might pressure Greece to step up the pace of reforms by refusing to pay the next bailout tranche in one installment and divide it into three monthly payments. They also might ask Greece to implement additional austerity measures.
This afternoon Troika inspectors and Greek finance minister Yannis Stournaras will resume talks after a two-week break, forced by a turmoil caused by the closure of the state broadcaster ERT. The main points on the meeting agenda are the delays in the implementation of the Greek privatization plan and in the required massive layoffs in the public sector.
According to Reuters, international lenders might pressure Greece to step up the pace of reforms by refusing to pay the next bailout tranche in one installment and divide it into three monthly payments. They also might ask Greece to implement additional austerity measures.