Friday October 31, 2014 Search
Weather | Athens
18o 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)  
Yields on Greek debt fall 22 basis points
Piraeus Bank paves way for share capital increase
Big monthly drop for stocks
Eurozone inflation up, unemployment steady, Eurostat reports
One of eight suspects remanded over attack on Mesolongi police station
One of eight people arrested on Wednesday night after an attack on a police precinct in Mesolongi, western Greece, was remanded in pretrial custody on Friday. Two other suspects, aged 19 and...
Truck brings down electricity pole in Piraeus
A truck plowed into an electricity pole in the coastal city of Piraeus on Friday, causing a blackout in the area close to central Hatzikyriakou Street, where the accident occurred. There was...
Inside News
BASKETBALL
Obradovic watches Greens thrash his Fenerbahce
The second homecoming of former Panathinaikos coach Zeljko Obradovic, now at Fenerbahce, was not as emotional as last year’s, but it was certainly was the night of an emphatic triumph for th...
SOCCER
Berg returns to add spice to Panathinaikos´s Cup win
The second round of games for the group stage of the Greek Cup produced plenty of interesting games and results in midweek, but it still lags the upset potential that the knock-out stages of...
Inside Sports
COMMENTARY
The judiciary’s responsibility
The reform efforts over the past few years have begun to bear fruit. Greece has improved its standing in the World Bank’s Doing Business rankings, rising 48 positions from 2010 to 61st place...
EDITORIAL
Findings raise eyebrows
An investigation into money transferred to foreign banks by civil servants since 2010, when Greece’s brutal debt crisis erupted, has come up with some striking findings. The checks, which we...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Yields on Greek debt fall 22 basis points
2. Piraeus Bank paves way for share capital increase
3. One of eight suspects remanded over attack on Mesolongi police station
4. Truck brings down electricity pole in Piraeus
5. Tsochatzopoulos appeal postponed until November 14
6. Big monthly drop for stocks
more news
Today
This Week
1. Man shot dead, woman injured in Vathis square attack
2. Cyprus’s Georgiades bets on economy for Irish-style bailout exit
3. Archaeologists find underground vault at Amphipolis tomb
4. Germany’s 10-year bonds decline before euro-area inflation data
5. Greek retail sales rise for third month in a row
6. New defense minister to be appointed without reshuffle
Today
This Week
1. Austria’s creative bookkeeping beats Greece on secret debts
2. End of reason, end of humanity
3. Clean bill of health for Greek banks from stress tests
4. Samaras pledges action after flash floods in Athens
5. Eurobank, National Bank restructurings eliminate capital gap
6. Athens flood damage assessed, compensation payments to begin
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.