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Saturday 10 December 2016

Bailout inspectors back in Greece as reforms delayed

Published 12/09/2016 | 13:41

Greek Prime Minister Alexis Tsipras wants more help from the creditors of debt repayment
Greek Prime Minister Alexis Tsipras wants more help from the creditors of debt repayment

Inspectors from Greece's bailout creditors have returned to Athens as the Greek government faces calls to speed up the implementation of economic reforms so it can get more rescue loans.

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Representatives from the International Monetary Fund, the European Central Bank and European Commission were due for talks with government officials.

The delayed reforms include measures to accelerate a privatisation programme, energy sector liberalisation and bank governance.

Prime Minister Alexis Tsipras is pressing lenders to grant Greece more lenient repayment terms that would allow his left-wing government to ease austerity measures and emerge from years of crippling recession.

Greece's creditors have said debt relief negotiations can only take place after the government implements more austerity measures - including cutting back on protection laws against mass lay-offs and home foreclosures.

AP

Press Association

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