Bloomberg News

Rehn Says Euro Decision Awaits Greek Legislation, Parliament

February 09, 2012

Feb. 9 (Bloomberg) -- European Union Economic and Monetary Affairs Commissioner Olli Rehn said Greece must first pass its latest austerity package into law before euro-area governments approve a second bailout.

“It’s up to the Greek government by concrete actions through legislation to convince its European partners that the second program can be made to work,” Rehn told reporters in Brussels before a meeting of euro-area finance chiefs. Rehn said officials will tonight “thoroughly scrutinize” the Greek government’s plans.

To contact the reporter on this story: Simon Kennedy in London at skennedy4@bloomberg.net

To contact the editor responsible for this story: Simon Kennedy at skennedy4@bloomberg.net


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