Greece resumes debt talks with inspectors

Associated Press
International Monetary Fund (IMF) mission chief Poul Thomsen, centre, arrives with plainclothes police for another meeting between Greece's new Finance Minister Yannis Stournaras and the debt inspectors from the European Central Bank, European Commission and International Monetary Fund,  known as the troika at Greece's Finance Ministry in Athens, Thursday, Aug. 2, 2012. Greek Prime Minister Antonis Samaras on Wednesday talked coalition government partners into accepting the new spending cuts demanded by the debt-crippled country's bailout creditors. (AP Photo/Thanassis Stavrakis)
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ATHENS, Greece (AP) — Greece's coalition government has resumed austerity negotiations with international debt inspectors, after narrowly avoiding a political crisis that officials said had threatened the country's future in the eurozone.

Inspectors from the European Union, European Central Bank, and the International Monetary Fund held talks Thursday at the Finance Ministry on the €11.5 billion (14.1 billion) austerity package for 2013-14 that is due to be finalized later this month.

Leaders of three parties in the six-week-old coalition on Wednesday dodged a political crisis by agreeing to not delay any of the proposed cuts. Finance Minister Yannis Stournaras said the agreement to make the cuts up front was a "necessary condition" for Greece to remain in the euro.

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