Rehn, Barnier Confident Greece Can Accomplish Economic Reforms
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European Union commissioners Olli Rehn and Michel Barnier said they are confident in Greece’s efforts to tackle its debt in the wake of its downgrade by Moody’s Investors Service.
Rehn, the EU’s economic and monetary affairs commissioner, and Barnier, who is in charge of financial-services policy in the region, said they are “confident in the actions the Greek government is carrying out.” Planned EU rules to regulate credit-rating companies “will be fundamental and tackle the problems we know exist,” the commissioners said in an e-mailed statement today.