Commission: Greek reforms, privatisation plan 'ambitious'

The Greek government’s programme of structural reforms and privatisations, announced last Friday, is positive and ambitious, Chantal Huge, a European Commission spokeswoman said on Monday.

Speaking to reporters, the EU spokeswoman said the EU’s executive characterised as “ambitious” both the Greek government’s programme to cut the country’s fiscal deficit by 26 billion euros until 2015 and a privatisation programme for the period 2011-2013.

The spokeswoman noted that an EC-ECB-IMF troika delegation will visit Athens in May as part of its quarterly report on the Greek economy, and will thoroughly examined the government’s proposed plan. Commenting on recurring speculation over a debt restructuring, she reiterated that the European Commission was not taking part in such kind of talk.

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