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Image header Agence Europe
Europe Daily Bulletin No. 10576
Contents Publication in full By article 13 / 35
ECONOMY - FINANCES / (ae) greece

Huge task ahead but taskforce optimistic about promising start

Brussels, 16/03/2012 (Agence Europe) - On Friday 16 March, the head of the European Commission taskforce on Greece, Horst Reichenbach, said that the taskforce's work was starting to pay off. Unveiling the second taskforce quarterly report, he said that over the past six months, progress had been seen in structural reforms and better assimilation of EU funding. The EU funding absorption rate was initially valued at 35%, but a further 5% has been added this month, raising it to 40.6%, which is...

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