Europe

Bailout talks restart in Greece as big repayment dates loom

  • A pedestrian passes graffiti on a wall in Athens, Tuesday, Feb. 28, 2017. Last week, Greece agreed to legislate new reforms to come into effect in 2019, but said these will be fiscally neutral: for every euro's worth of new burdens on the Greek taxpayer, an equal amount of relief will be granted. (AP Photo/Thanassis Stavrakis)

    A pedestrian passes graffiti on a wall in Athens, Tuesday, Feb. 28, 2017. Last week, Greece agreed to legislate new reforms to come into effect in 2019, but said these will be fiscally neutral: for every euro's worth of new burdens on the Greek taxpayer, an equal amount of relief will be granted. (AP Photo/Thanassis Stavrakis)  (The Associated Press)

  • Greek Finance Minister Euclid Tsakalotos arrives for talks with bailout inspectors about Greece's progress program in Athens, on Tuesday, Feb. 28, 2017. Last week, Greece agreed to legislate new reforms to come into effect in 2019, but said these will be fiscally neutral: for every euro's worth of new burdens on the Greek taxpayer, an equal amount of relief will be granted. (AP Photo/Thanassis Stavrakis)

    Greek Finance Minister Euclid Tsakalotos arrives for talks with bailout inspectors about Greece's progress program in Athens, on Tuesday, Feb. 28, 2017. Last week, Greece agreed to legislate new reforms to come into effect in 2019, but said these will be fiscally neutral: for every euro's worth of new burdens on the Greek taxpayer, an equal amount of relief will be granted. (AP Photo/Thanassis Stavrakis)  (The Associated Press)

  • Greek Prime Minister Alexis Tsipras speaks with board members of the Greek Bank Association at Maximos Mansion in Athens, on Tuesday, Feb. 28, 2017. Representatives of European Union institutions and the International Monetary Fund returned to Greece after the government gave into demands to maintain painful cost-cutting measures after the current bailout program ends next year and even beyond the current term of the government, which ends in 2019. (AP Photo/Thanassis Stavrakis)

    Greek Prime Minister Alexis Tsipras speaks with board members of the Greek Bank Association at Maximos Mansion in Athens, on Tuesday, Feb. 28, 2017. Representatives of European Union institutions and the International Monetary Fund returned to Greece after the government gave into demands to maintain painful cost-cutting measures after the current bailout program ends next year and even beyond the current term of the government, which ends in 2019. (AP Photo/Thanassis Stavrakis)  (The Associated Press)

Talks between bailout inspectors and the Greek government have resumed in Athens after a months-long delays caused by disagreements over austerity measures.

Representatives of European Union institutions and the International Monetary Fund returned to Greece after the government gave into demands to maintain painful cost-cutting measures after the current bailout program ends next year and even beyond the current term of the government, which ends in 2019.

Greece is under renewed pressure to resolve disagreements with lenders ahead of a mid-summer spike in its debt repayment schedule that it is unlikely to have the funds to cover without the resumption of bailout loan payouts.

The payout of the loans depends on regular reviews by the bailout inspectors.