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Greece opens bailout, debt swap talks

Greece began a round of talks with the EU, the IMF and bankers on Monday, with negotiators facing a tight timetable to decide key aspects of a new bailout plan to pull the country out of its economic crisis.

world Updated: Dec 13, 2011 00:59 IST

Greece began a round of talks with the EU, the IMF and bankers on Monday, with negotiators facing a tight timetable to decide key aspects of a new bailout plan to pull the country out of its economic crisis.

Inspectors from the EU, the ECB and the IMF arrived at the finance ministry for talks that will also include checking on Athens' slow progress since a first rescue plan, agreed over a year ago in an effort to stem a crisis that has since dragged the whole euro zone into deep turmoil.