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Bailout inspectors back in Greece

Monday - 2/24/2014, 6:30am  ET

ATHENS, Greece (AP) -- International debt inspectors are due back in Athens for talks on the austerity measures Greece must make to keep receiving rescue loans. The government insists a deal on the latest round of negotiations is "very close"

The officials from the troika of the European Union, European Central Bank and International Monetary Fund are to hold talks later Monday with Finance Minister Yannis Stournaras and other government officials.

The inspectors are pressing for sweeping changes in market practices and labor rules. The negotiations are seen as key to talks expected later this year on how to make Greece's massive national debt sustainable.

The main opposition party, the left-wing Syriza, said the government should not meet with the troika officials, citing growing poverty and 28 percent unemployment resulting from the harsh reforms.


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