Greece’s efforts to tackle its public deficit have had a “strong start”, the International Monetary Fund (IMF) and European Union (EU) have said.
The comments came after a delegation of staff from the IMF, EU and European Central Bank visited the country to check on the progress.
In May, the EU and the IMF agreed to loan Greece 110bn euros ($198bn; £125bn) over three years.
An IMF official said he was “confident” Greece would get the next installment. “The program has made remarkable progress†said Servaas Deroose European Commission representative
A 9bn-euros loan is due to be given to Greece on 13 September, and is dependent upon the government meeting progress targets.
Greece is continuing efforts to make big cuts to government spending, moves that have sparked a number of violent protests and strikes.
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Dean Popplewell
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