Troika Talks Ongoing in Athens

Raised retirement ages and spending cuts likely conditions for further assistance

Finance Minister Yannis Stournaras will meet with the EC, ECB and IMF representatives at 5pm on Monday. 

The government and the troika have already agreed on 7.5bn euros worth of cuts in the 11.5bn euro austerity package, but talks are continuing as the troika is raising concerns about another 4bn euros of cuts.