Monday, August 22, 2011

Troika technical staff in Athens

The latest visit by mid-level representatives of the EC-ECB-IMF "troika" began on Monday for a review of the implementation of the recently passed mid-term fiscal strategy programme.
 A high-ranking troika delegation will arrive in Athens next Monday to examine progress of the Greek economy, ahead of the disbursement of the sixth instalment of the bailout package. The instalment totals eight billion euros.
Representatives are expected to focus mostly on the coure of the 2011 state budget, privatisations, the wider public sector's payroll and progress to reform the social security system.
 
 
AMNA