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Greece says will carry out reforms, privatisations
Jul 7th 2012, 22:18

By George Georgiopoulos ATHENS (Reuters) - Greece's new finance minister on Saturday pledged to carry out reforms and privatisations demanded under its latest financial rescue in an attempt to regain credibility with international partners stumping up money to keep the country afloat. In his first policy speech since taking office, respected economist Yannis Stournaras reiterated the government's plan to ask lenders for an additional two years to implement deficit cutting measures, citing a deeper-than-expected recession. But he also warned of a tough road ahead in convincing the so-called troika of European Union, International Monetary Fund and European Central Bank lenders to give Greece...

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