Greece: Talks with EU, IMF, ECB end positively (by Barbara Kollmeyer)
MADRID (MarketWatch) -- The Greece Finance Ministry on Friday released a statement in which it said discussions between the government and representatives of the European Commission, the European Central Bank and the International Monetary Fund concluded "positively." Those officials, known as the "troika," were in Athens to wrap up a review of progress made so far on Greece's implementation of reforms to achieve the 2011 deficit target, the privatizations and asset management program, and structural reforms to restore growth and competitiveness. The reforms were undertaken in return for the current €110 billion ($160 billion) rescue plan. "The Greek government has already made in the past few weeks public announcements on these issues reaffirming its commitment with specific decisions," said the ministry. "Relevant texts will be finalized in the coming days and will be submitted to Parliament following discussion and approval by the Council of Ministers."