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Greece ordered to 'deliver' on bailout plan


Greece

Greece ordered to 'deliver' on bailout plan

Greece has once again been told to end delays in delivering on its debt reduction plan.

European Commission President Jose Manuel Barroso made the comments during his first visit to Athens since the beginning of the eurozone crisis in 2009. He held talks with Greek Prime Minister Antonis Samaras.

Commentators say many of the austerity measures worth billions of euros have never been fully implemented. The government needs to show proof of reforms to ensure the release of additional tranches of bailout cash.

“The key word here is ‘deliver; deliver, deliver, deliver!’ said Barroso. “To maintain the trust of European and international partners, the delays must end.”

Protesting workers from all over Greece gathered in the capital Athens calling on officials from the so-called Troika, made up of the EU, European Central Bank and IMF, to get out of the country.

The inspectors, who are also there this week, will report in September on whether to approve the next 32 billion euros in bailout funds or let the country go bankrupt.

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