Commission sees satisfactory progress in Greek talks

The European Commission on Wednesday reiterated there was “satisfactory progress” in talks currently taking place between Greek authorities and an EU-IMF ‘troika’ delegation visiting Athens.
Speaking to reporters in Brussels, Amadeu Altafaj, a spokesman for Economic and Monetary Affairs Commissioner Olli Rehn, stressed that there were no significant hurdles in the talks, which were expected to be completed in the next few days.

Altafaj acknowledged, however, that there was still work to be done, with consultations focusing mainly on measures needed to fulfil fiscal targets set for 2011, privatizations and structural reforms.