Greece has met 40 of 56 obligations to the troika

AMNA/ Forty of a total 56 obligations Greece has undertaken vis-a-vis the EU/IMF 'troika' were fulfilled in the first half of the year, it was pointed out on Friday night in a meeting between Development, Competitiveness, Infrastructure, Transport and Networks minister Costis Hadzidakis with officials of the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) 'troika' of Greece's international lenders. The problems in liquidity faced by the Greek economy were the main focus of the talks, and high-ranking ministry source told AMNA that the minister told the troika representatives that "we are doing what needs to be done, but you must help too", referring chiefly to unblocking the ECB funds.

The same sources said the minister further told the troika that he will seek a speedier absorption of the NSRF (National Strategic Reference Framework) funds, while they also discussed the prospect of reforming some of the programs, given that, as Hadzidakis said, "it is easier to build a new house than to repair an old one".

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July 07, 2012