ECONOMY

Varoufakis, Tsakalotos to meet with US Treasury team

Greece’s Finance Minister Yanis Varoufakis and alternate Minister of International Economic Relations Euclid Tsakalotos will on Friday meet with Daleep Singh, the US Treasury’s deputy assistant secretary for Europe and Eurasia, and the Treasury’s head of the office for Europe and Eurasia, Lea Bouzis.

The meeting will take place at the finance ministry, at 1 p.m.

On Thursday, the US officials met with Deputy Prime Minister Yiannis Dragasakis who presented the new government’s policies on debt reduction and structural reforms.

US President Barack Obama said Sunday that the Greek economy was in “dire need” of reform but warned that drastic changes were tough to implement in a struggling economy.