Article source
The Wall Street Journal
Article date
Sun, Jun 1, 2014
WASHINGTON—The International Monetary Fund on Friday approved $4.6 billion in long-delayed bailout funds for Greece, nine months after its last disbursement as Athens struggles to implement tough changes to its economy.
The country met a major milestone in its historically large and highly controversial bailout by posting a budget surplus late last year, and Greece's economy is expected to return to growth again this year after a six-year depression.
But the government had been unable to push through policies the IMF said would be necessary to spur competition and growth, such as changes to product markets and liberalizing protected sectors.
Read the full article here.