UPDATE 1-EU, IMF Greek talks start Wed, focus on 2011, 2012

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By Jan Strupczewski

BRUSSELS, April 20 (Reuters) - European Commission, European Central Bank and IMF officals will begin talks with Greece on Wednesday on a lending plan that will cover fiscal measures the Greek government should take in the next two years,

The talks are to pave the way, if Athens asks for help, for a quick payout of up to 30 billion euros in euro zone emergency loans.

Initially scheduled to start on Monday, the talks were delayed by disruptions to air travel caused by the volcanic ash crisis, the EU executive said on Tuesday.

"They should be normally starting tomorrow with officials from the IMF, the Commission, the European Central Bank and of course Greek officials," Commission spokesman Amadeu Altafaj told a regular news briefing.#

If the ash clouds over Europe continued to disrupt travel, the talks, involving mid-level officials from the EU executive, could still go-ahead using videoconferencing, commission officials said.

Discussions on a macroeconomic adjustment programme usually took around two and three weeks, but Altafaj said a lot of work had been carried out by the European Commission and the International Monetary Fund together already.

"There is a converenge of the assessments," he said.

He said that for 2010, the key was the implementation of the already adopted fiscal measures by Greece, which are to reduce its budget deficit by 4 percentage points to 8.7 percent of gross domestic product.

"There is a need now to be more specific in relation to fiscal adjustement measures for 2011 and 2012 to deliver an ambitious programme of structural reforms in Greece," he said.

Asked to comment on remarks by Bundesbank head Axel Weber, that the whole three-year aid programme for Greece could require some 80 billion euros, Altafaj said euro zone finance ministers only made commitments of 30 billion euros for the first year.

"Forecasting funds for the second and third year is quite a difficult exercise, so we are now focusing only on the first year," he said, explaining Greece might use up all of the 30 billion in the first year, or none of it.

(Reporting by Jan Strupczewski, editing by Timothy Heritage and Simon Cameron-Moore)