EU's Dombrovskis Says Greek Rescue, Bank Review Need Progress
- Greek rescue `more or less on track' as progress report looms
- Tsipras government needs to stick to commitments: Dombrovskis
European Commission Vice President Valdis Dombrovskis.
Photographer: Jasper Juinen/BloombergThis article is for subscribers only.
Greece’s bank rescue and aid program have little room for delay as creditors move toward the first review of the country’s compliance with its bailout terms, European Commission Vice President Valdis Dombrovskis said.
The review of Greece’s four biggest banks is linked to the country’s 86 billion-euro ($97 billion) aid program to boost confidence that Prime Minister Alexis Tsipras will follow through on economic reforms, Dombrovskis said in an interview Monday in Brussels. As a result, he said, it’s premature to discuss separating the banking milestones from the rescue goals.