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Thursday, December 22, 2016

Greece says wants speedy reform review, delays could harm outlook

[Greek PM Tsipras delivers a speech during a parliamentary session before a budget vote in Athens]Greek Prime Minister Alexis Tsipras said on Thursday Athens wanted a speedy conclusion to a now-stalled review of bailout reforms, warning delays could hinder economic recovery after years of recession. Athens's European lenders last week suspended short term debt relief for the nation after Tsipras's leftist administration granted a one-off Christmas bonus to pensioners without consulting creditors. It is its third since 2010, and regular reviews of reforms and approval by lenders are vital for Athens to continue receiving tranches of financial aid.


READ THE ORIGINAL POST AT uk.news.yahoo.com