Pressure on the Greek government continues from the representatives of the troika – the International Monetary Fund, the European Union and the Central European Bank – to rapidly adopt new reforms. Yesterday after the meeting with Deputy Prime Minister and Finance Minister Evangelos Venizelos, the need to go forward with reforms concerning public utilities, the complete liberalization of professions and privatizations was reiterated.
Moreover, the troika put forward the request to adopt fresh economic measures, a drastic reduction in public spending and lay-offs in the public sector with special attention to the issue of revenue, which fell by 6.4% in the first seven months of 2011.
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