NEWS

Moscovici urges Athens to ‘take necessary measures,’ make way for troika’s return

The Greek government must take all the necessary measures so that troika inspectors return to Athens for their final assessment on Greece’s reform program, EU Economic and Tax Commissioner Pierre Moscovici said Friday in Brussels.

“We are working systematically, we are holding meetings and exchanging views on a regular basis, and I have spoken with Prime Minister [Antonis] Samaras,” said Moscovici, adding that the European Commission wants to see the troika back in Athens as soon as possible.

“The government must swiftly take all the necessary measures so that the ongoing program is complete,” he said.

The French official said that the Commission was working hard so that decisions are made before the Eurogroup summit on December 8.

Following inconclusive two-day talks with the troika in Paris, government officials indicated Thursday it was unlikely the current review would be completed in time for the Eurogroup meeting. This means there would not be enough time to negotiate the terms of a precautionary credit line with the eurozone before the start of the new year.

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