Amid labor strikes, the International Monetary Fund commenced July 26 the inspection of Greece’s public finances to ensure that the nation is implementing austerity measures. The inspection is required before Greece can access a second rescue loan installment in mid-September. Officials from the European Union and European Central Bank are also participating in the inspections.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.