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Greece slams IMF, EU debt inspectors for hubris

In English on 2011/02/13 at 13:29

An indignant Greece slammed EU and International Monetary Fund inspectors overseeing its efforts to reform its debt-crippled economy, accusing them Saturday of overstepping their role and interfering in Greece’s internal affairs.

In an unusually harshly worded, pre-dawn statement, government spokesman Giorgos Petalotis called the behavior of the inspectors at a Friday news conference unacceptable.

The IMF, the European Central Bank and the European Commission delegation said Greece must privatize euro50 billion ($68 billion) in state assets and speed up structural reforms in the next few months to keep the country’s troubled finances afloat. The IMF representative also said some of the frequent demonstrations against the Greek government’s reforms were being carried out by groups angry at losing their “unfair advantages and privileges.”

Petalotis said the government had frequently spoken of the need to better utilize state property, but stressed that any such program would have to be done transparently and “in no case means the sale of public land.”

“It is equally obvious that only the Greek government is able to take these decisions,” he said.

via The Associated Press: Greece slams IMF, EU debt inspectors for hubris.

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