The European Commission issued a clear warning to Athens on Wednesday in its Economic Report on the policy Greece should follow in the next year, saying it would need to apply the financial agreement to the full and improve its reform performance, or else there will be no more funding for the country. “Greece should implement the measures described in the Memorandum signed on March 14, 2012. The integrated financial assistance by the international community may continue only provided that the implementation [of the Memorandum] improves,” the report states. Asked whether Greece’s timetable could be made more flexible, ... (full story)