IMF official on Greece

ΑΝΑ-ΜPΑ The International Monetary Fund (IMF) representative in the EU-ECB-IMF 'troika' overseeing the 110-billion-euro support mechanism for Greece and the chief negotiator vis-à-vis the Greek government, Poul Thomsen, was quoted here on Sunday as emphasising that "next year (2011) will be the most critical and painful, given that structural changes will have to take place."

Thomsen, amongst others, said the situation in Greece's wider public sector cannot continue as is.ana-mpa ...
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"The time for radical structural reforms ... the public sector must be curtailed; there have to be radical reforms in the healthcare sector and in improvement of the tax collecting mechanism's operation," he was quoted as saying in an interview published by the weekly "Real News".