NBC News — International austerity inspectors have started a new round of talks with Greek officials that will determine whether the debt-crippled country continues to receive its vital rescue loans. The heads of an inspection team from the European Union, the International Monetary Fund and the European Central Bank are meeting with the new Greek finance minister in Athens thursday.

Talks will focus on the progress of Greece's harsh austerity and reform program, a key condition for the two international bailouts keeping the country afloat. Greek officials must also outline how they will save an additional $14 billion over the next two years.