Economics

Greece Must Accelerate Reform Implementation, EU Report Says

  • Commission gives green light to country’s 2019 budget plan
  • Progress mixed in other areas of reform, EU says in report
Photographer: Kostas Tsironis/Bloomberg
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The European Commission gave a lukewarm assessment of Greece’s progress since exiting its bailout in August.

While Greece will achieve its primary budget surplus target, “progress in other areas is found to be mixed and the authorities will need to accelerate implementation to meet their objectives,” the Commission said on Wednesday.