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Thursday, July 5, 2012

Greece's finance minister meets debt inspectors




Stournaras' televised swearing in ceremony at the presidential mansion was the first time Prime Minister Antonis Samaras appeared in public since undergoing eye surgery nearly two weeks ago, shortly after forming a coalition government with another two parties following inconclusive national elections.

The inspection visit is the first for a number of months given the political turmoil in Greece, sparked by the vicious financial crisis that has left the country dependent on billions of euros (dollars) worth of international bailout loans from other European countries using the euro, and the IMF.

Ahead of the government's policy statement, which Samaras is to present in Parliament Friday evening, the coalition has said it advocates freezing public sector layoffs and repealing some of the tax hikes imposed over the past two years.


READ THE ORIGINAL POST AT www.sfgate.com