Tuesday October 21, 2014 Search
Weather | Athens
24o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Rehn concerned about Greek reforms but Regling upbeat on progress

European Economic and Monetary Affairs Commissioner Olli Rehn has suggested that the Greek government’s momentum for reform is waning.

In an interview with Sunday’s edition of Die Welt, Rehn said that the slowing pace of reforms was the main reason that the latest troika review of the Greek program has not been completed.

“Greece has done a lot regarding fiscal consolidation and structural reform,” he said. “But we want to encourage Greece to do more. Stronger and more sustainable growth would help the Greeks more.

“That is why we are insisting that the program’s terms on structural reforms are implemented. The ball is in the Greek court.”

The head of the European Stability Mechanism, Klaus Regling, appeared more upbeat on the pace of reforms in Greece.

Speaking to another German newspaper, Sueddeutsche Zeitung, he defended the current Greek government’s record on structural changes.

“At the beginning, the Greeks did not do anything,” he said. “Since then, though, they are doing more reforms than any of the other 36 OECD member states.”

Regling admitted that it would still take some time for Greeks to feel the benefits of these reforms.

“The labor market always improves at the end of such a process,” he said. “That is why I always look at competitiveness, which has improved significantly in Greece.”

ekathimerini.com , Monday February 17, 2014 (10:57)  
Athens bourse index leaps on big bank gains
Think-tank says political uncertainty slowing investment in Greece
Tax debts to Greek state exceed 70 billion euros
Greek 2013 budget gap revised down to 1.8 pct/GDP
Greek farmers warn they´re warming up for protests
Greek farmers are warming up for extended protest action, representatives of their unions warned on Tuesday after meeting in Larissa, central Greece, over the weekend. Farmers, who are compl...
Accomplice of Greece´s Number 1 fugitive arrested while trying to leave country
Self-styled anarchist Polykarpos Georgiadis, linked to Greece's Number 1 fugitive, was arrested at Athens International Airport on Tuesday while trying to board a flight to Brussels, in viol...
Inside News
BASKETBALL
PAOK fans stop coach Markopoulos´s move to Olympiakos
Olympiakos is once again in the lookout for a new coach after the refusal of PAOK to release Soulis Markopoulos, while Panathinaikos defeated Kolossos on Rhodes on Monday to become the only ...
BASKETBALL
Reds lose to Nea Kifissia, search for new coach
Nea Kifissia recorded the biggest win of its short history in the top flight defeating Olympiakos 68-67 on Sunday, in a Basket League weekend marred by the abandonment of the Thessaloniki de...
Inside Sports
COMMENTARY
The ECB collateral for Greece must be lowered to 5 pct
According to recent reports, the European Central Bank plans to reduce the “57 percent penalty,” that is the discount applied to almost all Greek government bonds (GGBs) held as collateral b...
INTERVIEW
The past, present and future of the Greek debt crisis
For a decade, until mid-2012, Josef Ackermann was the CEO at Deutsche Bank. It was a position that earned him the nickname “shadow chancellor” of Germany and allowed him to play a decisive r...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Athens bourse index leaps on big bank gains
2. Greek farmers warn they´re warming up for protests
3. Accomplice of Greece´s Number 1 fugitive arrested while trying to leave country
4. Think-tank says political uncertainty slowing investment in Greece
5. Trial over 2012 torture of Egyptian bakery worker in Salamina begins
6. Tax debts to Greek state exceed 70 billion euros
more news
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Gang importing heroin into Greece busted
3. Self-opposing coalition
4. Gutsy rectors
5. Applications for heating oil subsidy set to start
6. SDOE to probe Proton Bank loan to Thessaloniki businessman
Today
This Week
1. Possible third figure in Amphipolis mosaic may be uncovered shortly
2. Greece to contribute 1 mln towards Gaza reconstruction
3. Istanbul skyscraper casts shadow over Greece's banking ambitions
4. Greece nearing bailout exit, says gov't spokesperson after IMF talks
5. Coalition shooting itself in the foot
6. GPO poll gives SYRIZA clear lead over New Democracy
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.