Arab Today, arab today eu urges greece to stick to reform path
Last Updated : GMT 12:32:53
Arab Today, arab today
Arab Today, arab today

EU urges Greece to stick to reform path

Arab Today, arab today

Arab Today, arab today EU urges Greece to stick to reform path

Brussels - KUNA

The head of the eurozone finance ministers warned Greece on Monday to push ahead with reforms but expressed confidence the debt-wracked country would soon win a much-needed slice of bailout cash. "We hope that the necessary conditions will be fulfilled quite soon for the euro working group to be in a position to agree on the disbursement of 1.0 billion euros ($1.37 billion) by the year end," Jeroen Dijsselbloem told reporters after a meeting of eurozone finance ministers. Nevertheless, he stressed that Greece still had much progress to make in reforming its economy and announced that international creditors would return to Athens on Tuesday. "We are fully aware of the efforts undertaken by Greece, also of the difficult political situation, but the job is not yet done," Dijsselbloem said. "In order for Greece to return to a path of sustainable growth and job creation, further measures ... need to be implemented fully." "Realistically, it's going to be very, very hard -- if not impossible -- to finalise this review by year's end," Dijsselbloem said. The creditors -- the European Commission, the European Central Bank and the International Monetary Fund -- and the Greek government disagree on the level of a forecast financing gap for 2014 and the measures needed to cover it. Discussions are reportedly stumbling on the issue of a new property tax, property auctions, layoffs in the state sector and the slow pace of privatisation. EU Commissioner for Economic and Monetary Affairs Olli Rehn said the team would "make all the efforts to close as many issues as possible by the end of the year." "The efforts made by the Greek people and the Greek authorities have allowed the country to address many of the country's deep-seated structural problems," Rehn said. "Now it makes sense to stay the course of reform." In contrast, Ireland won praise for its progress as it prepares to exit its bailout programme next week. "We are fully confident that Ireland will be able to stand on its own feet," said Dijsselbloem. Rehn pointed to Ireland as an example of what can be achieved if countries stick to the reform demands that accompany bailout cash. "The successful conclusion of the Irish programme is a strong signal that the common response to the crisis is delivering results," said the commissioner. "An adjustment programme has a beginning and an end and the path between these two points is smoothest when there is determined implementation of the path concerned." On December 15, after three years of spending cuts and tax rises, Ireland will become the first of the rescued eurozone countries to exit its bailout programme

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu urges greece to stick to reform path Arab Today, arab today eu urges greece to stick to reform path

 



Arab Today, arab today
Arab Today, arab today Kanye West puts hijab-wearing model

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 17:36 2017 Monday ,13 February

Designer prepares to present 2017 collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday