EU's Moscovici says that some decisive Greek reforms are needed now

Author: Ryan Littlestone | Category: News

"Now"??

  • No deal yet on 2nd set of Greek milestones, confident of an agreement soon
  • Sees satisfying work with current Greek government
  • Welcomes Italy's reforms and wants them to continue
  • EU can't judge terror impact yet on French and Belgian growth
  • Past terro events had little economic impact

EU's Dombrovskis says;

  • Low euro rate and energy prices are aiding the economy
  • Portugal intends to stick to budget targets

Theses comments come after the EU got their probe out of the draw to look into countries imbalances

Among others (basically everyone), Greece, Germany (for their surplus), UK, France, Italy and Spain are being probed as part of the EU Stability and Growth pact rules on budgets, deficits and surpluses

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