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Europe Must Be Clear About Greece Aid, Padoan Tells Messaggero

European governments have to clarify whether they intend to extend the Greek aid plan, Pier Carlo Padoan, chief economist of the Organization for Economic Cooperation and Development, told Il Messaggero in an interview.

Greece should be able to weather the crisis by implementing the government’s measures within the announced timeframe, Padoan told the newspaper, adding that a rescheduling of debt would make sense as it would allow the economic policy to produce visible results.

A decision must be made shortly, Padoan told Il Messaggero.

To contact the reporter on this story: Francesca Cinelli in Milan at fcinelli@bloomberg.net.

To contact the editor responsible for this story: James Ludden at jludden@bloomberg.net

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