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FINANCIAL NEWS

Commission works for the conclusion of the second review

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 The European Commission remains "committed" to the conclusion of the second review of the Greek programme as soon as possible, said European Commission responsible for Financial Issues Annika Breidthardt during a press briefing on Monday according to AMNA.

"We are working closely with the Greek authorities and the other partners for the conclusion of the review" she noted adding that "we continue to be working on all the open issues."

Asked to comment on IMFs report calling the Greek debt "extremely non sustainable", Breidthardt said that "the European Commission welcomes the short-term measures" adopted by ESM. "Europe has committed to support Greece with additional measures after the end of the programme if necessary and on the condition that Greece has implemented all the reforms," she stressed.

European Commissions representative underlined that Greece and Europe have agreed on an ambitious and credible reform agenda as well as on a respective fiscal course during the programme. Concluding, Breidthardt reiterated ESMs view that there is no reason for scaremongering over tthe condition or the the debt in Greece.

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