The leaders of the three parties that form Greece’s coalition government face the unhappy task of approving 11.5 billion euros in spending cuts over the next two years.

Troika officials, who continued their inspection in Athens, will return to Greece in September to complete their review, a European Commission spokesman.

Greek PM Antonis Samaras made it clear to his party’s MPs that the government has no intention of attempting to renegotiate Greece’s bailout terms at the moment.

Finance Ministry planning to allow taxpayers to settle dues in as many as 10 monthly instalments.

While the government is examining the application of a unified salary scheme for state corporations, the effort to contain salary costs is already bearing fruit.

After it seemed that Greece had fallen out of favor with Northern European tourists, they appear to have been reconsidering the country as a holiday destination.

SYRIZA leader Alexis Tsipras urged the government to reject the austerity measures being demanded by its troika of lenders as they would ensure Greece’s exit from the eurozone.

Germany’s vice chancellor is questioning whether Greece can fulfill the conditions to receive further international aid.

Scuffles broke out between riot police and protesters Friday when a prosecutor was dispatched to reopen the Halyvourgia steel plant in Aspropyrgos.

Former US President Bill Clinton has insisted that Greece can overcome the crisis as he tried to convince Greek-American businessmen to invest in Greece.