Greece heads for new EU-IMF audit, hopes reforms will earn loans

Sunday, 22 September 2013 - 6:08




A new EU-IMF audit of Greek fiscal performance and reforms begins today, with the debt-laden country hoping progress in reining in spending will unlock further bailout loans.


The mission chiefs of the so-called troika of creditors - the EU, IMF and the European Central Bank - will begin the inspection with a meeting with the Finance Minister.


Expected to end in October, the audit will determine the release of a scheduled loan instalment of 1.33 billion dollars from Greeces ongoing EU-IMF bailout.

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