Brussels, 24/05/2011 (Agence Europe) - The European Commission says that the renewed pledges by the Greek government to respect the 2011 budget targets by introducing new austerity measures and speeding through the privatisation programme hold water. On Tuesday 24 May, however, the main Greek opposition party rejected the new austerity measures.
On Tuesday 24 May, a spokesperson for EU Economic and Monetary Affairs Commissioner Olli Rehn said the European Commission welcomed the reaffirmed...