Dutch minister wants Greece to work harder

17th May 2011, Comments 0 comments

Dutch Finance Minister Jan Kees de Jager has said he wants “Greece to take more steps” to restore its creditworthiness.

The minister made his remarks on the sidelines of a meeting of EU finance ministers in Brussels. The meeting is intended to find a solution to the Greek debt crisis, with partial debt remission and longer repayment periods among a number of possible measures being discussed.

However, Minister De Jager emphasised that debt restructuring was not yet being considered. He said Greece must become more competitive, and that it had not even really started with the privatisations Athens announced earlier. Mr De Jager compared Greece to a Communist country because of its large number of state owned businesses.


© Radio Netherlands Worldwide  

© Radio Netherlands Worldwide

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