Financial Times
May 18, 2011
The International Monetary Fund has warned that Greece’s economic recovery programme risks being derailed unless the socialist government accelerates structural reforms.
Poul Thomsen, head of an IMF mission assessing the country’s progress, said the country would not emerge from recession next year without “stepped-up reforms”.
“The view that seems to be taking hold is that the government programme is not working,“ Mr Thomsen told a conference in the Greek capital on Wednesday.
“Without a determined reinvigoration of structural reforms in the coming months, I think the programme will start going off-track.”
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