ATHENS, Greece -- Greece's government started new talks Thursday with international debt inspectors usa sports travel to determine whether the country keeps receiving rescue loans or is forced to default and potentially leave the euro currency union.
Greece's Prime Minister Antonis Samaras, right, and European usa sports travel Commission President Jose Manuel Barroso attend a meeting at Maximos mansion in Athens, Thursday, July 26, 2012. International debt inspectors started new talks Thursday with the Greek government that will determine whether the country keeps receiving vital rescue loans or is forced to default and potentially leave the common European currency union.
Inspectors overseeing usa sports travel Greece s faltering financial recovery have returned to Athens to push the country back on the road to painful usa sports travel reform. But as Greece s economic problems pile higher, usa sports travel the task appears insurmountable.
Greece has won strong endorsements in the past year for shoring up its economic statistics after years of fudging data to conceal its deficits and financial mismanagement, but the man who s responsible usa sports travel for restoring the country s reputation is now the target of possible prosecution.
usa sports travel - The unemployment rate hit 22.5 percent in April, according to Eurostat, the EU statistics agency. The government hopes to bring it down to 10 percent by 2016. Among young people - aged between 15 and 24 - the jobless rate was 52.8 percent in April.
usa sports travel - Greece's public debt was 132.4 percent of GDP at the end of the first quarter this year. It peaked at 165.3 percent at the end of 2011, before the government completed a debt write-off deal with its private sector creditors. The country's bailout program aims to get debt down to 120 percent of GDP by 2020.
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