• EU, ECB inspectors due in Athens ahead of loan
13/09/2010 12:19 - webmaster
13 SEP 2010
Inspectors from the European Commission, International Monetary Fund and European Central Bank are due in Athens to review Greece's progress in overhauling its debt-ridden economy and work on the country's 2011 budget.
The delegation's arrival for a two-week visit Monday comes as the country is due to receive the second installment of rescue loans from the IMF and other European Union countries that use the euro as their currency. The (EURO)9 billion ($11.45 billion) is expected to be disbursed by Tuesday.
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Papandreou confident as officials arrive for Greek financial checkup