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The EC, ECB & IMF to Keep an Eye on State Companies, Hospitals & Funds

Troika’s auditors will keep a close eye on Greek state-run companies, hospitals, insurance funds and structures of the local power. Experts with the European Commission, the European Central Bank and the International Monetary Fund (the troika) today arrived on mission in Greece to check-up the implementation of government’s anti-crisis program, to work out a report on which the country will receive the second tranche under the EUR 110 billion aid mechanism.
The checks will be concentrated on the troubled state-run companies, the debts of the hospitals, the insurance funds, the tax incomes and finances of the local governments’ units.
Topics that will be tabled for discussion during the experts stay in the country include liberalization of the energy market, the opening of the so-called closed professions, speeding up the procedures on the national strategic reference framework, control on local administration and hospitals’ expenses, recovery of the state-run companies and restructure of the banking system.

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