EU, IMF experts in Athens for audit

Experts from the European Union (EU), the European Central Bank (EDCB) and the International Monetary Fund (IMF) arrived in Athens Tuesday to audit the cash-strapped Greek government’s finances, the finance ministry said.

The main task of the audit is to assess progress made by Greece in satisfying conditions of an EU-IMF three-year rescue package worth EUR 110 billion, put in place a year ago as the first of three rescues for euro area countries.

A fifth slice of the rescue help, to be paid at the beginning of June, depends on the outcome of the audit.