Tuesday, February 8, 2011

Debt inspectors in Greece for fiscal checkup

Associated Press/Boston Herald
February 7, 2011

A team of inspectors supervising Greece’s bailout loan agreement is in Athens to review the country’s austerity program before approving the next payout worth €15 billion ($20.5 billion) next month.

The representatives of the European Union, European Central Bank and International Monetary Fund are expected to meet four Cabinet ministers Monday, as part of quarterly inspections for the €110 billion ($150 billion) rescue program.

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