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Updated: March 1, 2010 17:43 IST

EU finance chief tells Greece to make more cuts

  • AP
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European Commissioner for the Economy Olli Rehn. File photo: AP.
European Commissioner for the Economy Olli Rehn. File photo: AP.

European Union Finance Commissioner Olli Rehn, says Greece must make still more spending cuts to get out of its debt crisis.

Rehn is in Athens Monday, after officials from the EU and International Monetary Fund inspected Greek public finances last week.

Mr. Rehn says he asked Greece’s government to announce tougher economic austerity measures “in the coming days” to control the country’s ballooning deficit.

Greece’s acute debt crisis, and fears of default, have shaken confidence in the euro.

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