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GreekReporter.comGreeceTroika Chiefs Arrive on Wednesday for Economic Inspection, Athens

Troika Chiefs Arrive on Wednesday for Economic Inspection, Athens

The heads of the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) Troika experts are expected to arrive in Athens on Wednesday.  They will conduct an inspection of the Greek economy, ahead of approval of the disbursement of the 5th tranche of the 110 billion euros EU-IMF bailout loan to Greece.
The Troika chiefs will meet with Greek Finance Minister George Papaconstantinou on Wednesday afternoon.
The focus of the Troika chiefs’ talks in Athens will be the Medium-Term Fiscal Strategy Framework 2012-2015, data on the execution of the current (2011) budget and possible additional interventions, and the final figures on the 2010 fiscal deficit and whether it overshot initial forecasts.
Papaconstantinou flies to Budapest on Thursday for informal Ecofin and Eurogroup meetings.
A technical team of Troika inspectors arrived in Athens earlier in the week.

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