AP NEWS

Greece races to meet bailout demands as inspectors return

May 14, 2018

A woman walks down the stairway of a shuttered Metro station in Athens, as Metro workers are on 24 -hour strike to protest staff and material shortages, on Monday, May 14, 2018. (AP Photo/Petros Giannakouris)

ATHENS, Greece (AP) — Bailout inspectors have returned to Athens as Greece races to comply with the final terms of its rescue program, which ends in August.

Negotiations resumed Monday, with Greece still facing dozens of measures to address in the next ten days to remain on track for an agreement next month on the terms of bailout debt repayment after the program ends.

Athens is seeking a full return to financing itself on international bond markets following eight years of dependence on loans from other eurozone countries and the International Monetary Fund. But some creditors favor a more gradual approach.

Among the economic measures still under discussion are protections for families facing home repossession and an end to sales-tax exemptions in areas affected by the refugee crisis.

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