NEWS

Wieser: Troika to have permanent presence in Greece

The ?troika? of the European Commission, International Monetary Fund and European Central Bank will have a permanent presence in Greece, Eurogroup Working Group head Thomas Wieser told Austria?s Format magazine.

?A permanent presence of the troika on site to monitor the reforms will definitely be the case for several years,? Wieser was cited as saying.

Wieser also told the Vienna-based magazine that he is ?optimistic? that the Greek economy will grow again in 2013, ?be it at a slow pace.? From the middle of the century, growth will ?speed up,? he said according to the report. [Bloomberg]