Friday Jan 30, 2015 Search
Weather | Athens
16o C
13o 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)  
Greece to cancel gas utility sale, opposes Canadian gold mine
Berlin: Greek aid extension only makes sense if Athens upholds reforms
Pimco says Greek bonds illiquid, volatile until accord reached
Draghi deflation challenge underlined as prices plunge by record
Greece sets up cash crunch for March telling EU it’s over
Finance Minister Yanis Varoufakis said Greece won’t seek an extension of its bailout agreement, setting the government on course to enter March without a financial backstop for the first tim...
Greece warned against reversing bailout deals
The head of the Eurogroup warned on Friday that Greece could not ignore its international obligations, after a first meeting with the new anti-austerity government which wants to renegotiate...
Inside News
SOCCER
Olympiakos draws AEK in Cup quarterfinals
The dream draw of Olympiakos vs AEK in the quarterfinal materialized on Friday, as two of the capital's three giants will face off in a two-leg tie for a place in the semifinals of the Greek...
BASKETBALL
Below-par Olympiakos succumbs to Efes
The winning streak of Olympiakos in the second group stage of the Euroleague ended on Thursday in Turkey, as Anadolu Efes outclassed the Reds in the second half to win 84-70. Olympiakos had ...
Inside Sports
INTERVIEW
SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
“SYRIZA must realize that it is now the Greek government, not a party running an election campaign,” European Parliament President Martin Schulz, the first European official to visit Greece ...
COMMENTARY
Strange haste
The members of the new government must have a lot of confidence in themselves. Several days before announcing his program, Prime Minister Alexis Tsipras and his cabinet have opened up a mult...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greece sets up cash crunch for March telling EU it’s over
2. Greece warned against reversing bailout deals
3. Germany rejects notion of Greek debt write-off
4. Eurogroup chief warns Greece against ´ignoring´ deals done under bailout
5. New Greek PM to visit Cyprus on first foreign trip
6. No plan for when Greece´s bailout ends, Dijsselbloem says
more news
Today
This Week
1. SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
2. Why Greece went left while Europe turns to right
3. Capital flees Greece at fastest pace since 2011
4. Greek government's signals very mixed, ECB's Jazbec says
5. Monastiraki restaurant fire prompts panic, restricted before spread
6. EU's Schulz: Greece should follow EU line on Russia
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greek Elections 2015: The day after | LIVE
5. SYRIZA's win will test institutions
6. Poll shows SYRIZA leading ND by 4 pct
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.