Greece to present EU-IMF inspectors ‘alarming’ data, seeks extension for recovery program - The Washington Post

Greece to present EU-IMF inspectors ‘alarming’ data, seeks extension for recovery program - The Washington Post

Spokesman Simos Kedikoglou said in a television interview Tuesday that the data would demonstrate that the current austerity program was counterproductive. He did not elaborate.
Debt inspectors from the European Commission, the European Central Bank and the International Monetary Fund are due in Athens Wednesday.

Greece must pay suppliers' arrears -EU taskforce head
| Reuters

Greece must prioritise paying out arrears it has racked up with suppliers to get funds flowing again to cash-strapped businesses, the head of the EU taskforce that is helping rebuild the country's economy said on Tuesday.
"The first step (in improving access to financing) is to pay the arrears that have accumulated," Horst Reichenbach told a conference in Athens.
Greece's sovereign debt crisis has created a virtual credit crunch for businesses, as banks cut off from wholesale funding markets struggle to lend while its near-bankrupt government holds off on long overdue payments to avoid running out of cash.