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Greek austerity plans under scrutiny again

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Greek austerity plans under scrutiny again

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Inspectors from the European Union, the European Central Bank and the International Monetary Fund are back at the Greek Finance Ministry to continue their performance review.

If they decide that Athens is making deep enough cuts, fast enough it will get another batch of bailout money – 12 billion euros – next month.

Brussels has asked the Greek government to speed up reforms including privatisations.

But that has angered the unions and is already generating protests.

Workers at Hellenic Post Savings Bank – who fear job losses – demonstrated and occupied its Athens headquarters.

Employees at the gambling monopoly OPAP also went on strike over plans to sell the state’s stake in the company.