Off the wire
U.S., France, Britain to withdraw diplomatic staff from Yemen  • Roundup: U.S. diplomat dismisses rumors of Yingluck's asylum seeking  • 2nd LD Writethru: Inmates take warden, officer hostage at Taiwan prison  • Digital village program launched in Gabon  • Results of CBA playoffs  • Greek court sentences former Cypriot minister, son to 15 years for money laundering  • News analysis: New charter to fund overseas troops sparks questions over Abe's real military agenda  • Heineken sees profits rise in 2014  • United Front head pays festive visit to religious groups  • Volatile copper prices to derail Zambia's Eurobond payment  
You are here:   Home

Greek PM announces new cooperation with OECD on "reforms with human face"

Xinhua, February 11, 2015 Adjust font size:

Greek Prime Minister Alexis Tsipras announced Wednesday that the government intends to conduct new cooperation with the Organization for Economic Cooperation and Development (OECD) to introduce "reforms with a human face" in the country.

In a press statement after a meeting with visiting OECD General Secretary Angel Gurria, Tsipras said a special joint committee for cooperation with the OECD would be established to boost growth and social cohesion.

"We wish to closely cooperate with the OECD to implement reforms with a clear progressive sign," the prime minister said, rejecting the tool kit the previous government discussed with OECD experts.

Gurria said: "We are here to help ... We want to work with Greece to restore growth."

The new Greek government, which has pledged an immediate overturn of harsh austerity measures introduced in 2010 to avert default and restore growth, said it would seek to rewrite the terms of the Greek bailout program.

Tsipras' dramatic policy change has alarmed international creditors, who warned against a backtrack from the fiscal consolidation and reform drive.

The leftist-led coalition government easily won a confidence vote in the Greek parliament early Wednesday, two weeks after it was elected to power.

The vote came ahead of an emergency eurozone meeting on Wednesday on the Greek debt crisis and an EU summit on Thursday. Endi