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Sunday, November 3, 2013

Unhappy Troika Coming Back to Athens

BRUSSELS (Reuters) - Inspectors from Greece's lenders have put a postponed visit to the country back on the agenda and will return early next week after Athens made a new proposal on filling a gap in the 2014 budget, the European Commission said. The team of officials from the International Monetary Fund, the European Commission and the European Central Bank - known as the Troika - will decide whether to pay out the next tranche of loans under Greece's bailout program. The inspectors visit Athens regularly to check progress on its bailout commitments. Their most recent inspection began in September before being paused and was initially expected to resume at end-October and then slated for resumption on Nov.4.

READ THE ORIGINAL POST AT www.thenationalherald.com