EU to Greece: Keep up the grind

On the occasion of the first anniversary of Greece's exiting its third and final austerity program Tuesday, the European Commission urged the country to continue its efforts to put its finances right, lower the still "unacceptably high" unemployment and heal the social fissures that resulted from the lengthy financial crisis.

Commission Vice President for the Euro and Social Dialogue, Financial Services & Markets Valdis Dombrovskis noted Tuesday that Greece must "continu[e] on the path of responsible fiscal policies and structural reforms, including those aimed at strengthening the Greek financial sector."

"One year ago Greece completed its [European Stability Mechanism] stability support program to restore financial stability and promote growth and job creation. Greece's economy has benefited from reforms and the boost in confidence. The growth is steady,...

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