Greek austerity talks to continue,progress seen

Greece will continue talks with international lenders next week on new austerity measures for the debt-ridden country to clinch its next loan tranche

Written by Reuters | Athens | Published: October 7, 2012 12:58 am

Greece will continue talks with international lenders next week on new austerity measures for the debt-ridden country to clinch its next loan tranche,the country’s finance minister said on Saturday,with both sides saying progress had been made.

“We will continue next week as well,” finance minister Yannis Stournaras said following talks in Athens with Greece’s troika of creditors — the EU,ECB and IMF.

IMF chief Christine Lagarde said in Riyadh on Saturday that talks on the fiscal chapter,had been very good and productive.

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