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Greek Socialist Leader Doesn't Rule Out More Cutbacks, Plan Adjustments

From efxnews.com

Greece may have to implement more budget cutbacks to meet targets set by a second bailout package, which may also be subject to adjustments in the future, Socialist party leader and former finance minister Evangelos Venizelos said in an interview with Germany's Spiegel magazine. Venizelos said Greece's new government that will emerge after elections expected to take place in late April or early May must finalize medium-term fiscal measures in June. He said although priority will be given to structural reforms, including privatizations, further cutbacks cannot be ruled out. "Our aim is to emphasize structural ... (full story)

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