Tuesday, September 14, 2010

PM says Greece will meet targets

If tax crackdown succeeds, we won’t need more loans, Papandreou says as international envoys return
Prime Minister George Papandreou said yesterday that Greece will have met its targets for curbing its huge debt burden by the end of the year, despite a shortfall in tax collection revenues, as officials of the European Commission and the International Monetary Fund arrived in Athens to check his government’s progress in pushing through reforms.
Speaking at a joint conference by the IMF and the International Labor Organization in Oslo, Papandreou said the reforms introduced by his government since it came to power would have taken most administrations years to achieve. “In 11 months, we did a decade’s worth of work,” he said.



News source: Kathimerini link: article

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