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Thursday 09 February 2012
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A European Commission Task Force for Greece on Thursday presented its first report on the Greek economy. The report highlighted the huge challenges facing the Greek public administration which must be resolved within adverse conditions of a debt crisis and a deep economic recession.Presenting the report in Brussels, Horst Reichenbach, head of the Task Force, said a technical assistance to be offered to Greek authorities has two significant targets: returning to economic growth and contributing to the sustainability of Greek public debt. Reichenbach said the Greek state machine would need technical assistance offered by EU experts for a period of two to three years until the Greek public sector reached a satisfactory operating level. more from daily news »


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