Greece still faces 'key challenges' in fighting its public finance crisis, despite making 'considerable progress' across a wide front, EU and IMF auditors said today.
'Despite considerable progress in a vast array of areas, key challenges remain', said European Commission representative Servaas Deroose after an audit mission by the EU and IMF.
Speaking at a joint press conference in Athens, the mission's director Poul Thomsen said that 'progress is off to a very strong start but there are pressure points, risk areas'.
These include the opening up of the energy sector and the cleaning up of debt-ridden state railway company, OSE.
The quarterly review by the mission from the European Union, European Central Bank and International Monetary Fund is the first since the Greek government committed itself to a tough austerity regime in May in order to access the €110 billion loan and avert a looming debt default.
