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July 3, 2012

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Greeks told no more delays

A senior European Central Bank official urged Greece's new government yesterday to avoid further delays in implementing major structural reforms.

ECB board member Joerg Asmussen was in Athens as the country's new coalition government holds talks with its creditors. The government is seeking to amend Greece's bailout program with international creditors as it battles a fifth year of recession.

Asmussen, who met with new Finance Minister Yannis Stournaras, said Greece should not "stretch the pain" of reforms any further.



 

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