European Commission mission chief Declan Costello has urged the Greek government to push ahead with planned privatizations and structural reforms, saying the aim should be to achieve sustainable economic recovery, ekathimerini.com reports.
Addressing on Monday the 20th Annual Invest in Greece Forum held in New York, he said if Greece completes all remaining commitments – including reducing NPLs – its creditors will activate the additional debt relief measures in the first quarter of 2019, totalling 700 million euros.
“Greece must continue and complete the deep structural reforms undertaken during the program, in particular reforms to improve the environment for business activities and investments, as well as the modernization of the public administration and the judiciary,” he noted.
Commenting on the Greek 2019 budget, he said it is expected Greece will achieve the primary surplus target.
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