The Traderszone Network

Published in TZ Latest News 26 May, 2015 by The TZ Newswire Staff

Varoufakis says Greece committed to reforms, rules out more austerity

Greece is committed to liberalizing its economy, reforming its pension system and running a reasonable primary budget surplus, Finance Minister Yanis Varoufakis wrote on Tuesday. It must repay four loans totaling 1.6 billion euros ($1.75 billion) to the International Monetary Fund next month. Varoufakis said Athens was prepared to implement a series of reforms.