European Union Economy Commissioner Olli Rehn criticized Greece on Monday for its slow pace of reform, hours before eurozone finance ministers were due to discuss the country's debt problems at a meeting in Brussels.

“Greece must speed up economic reforms and ensure the complete implementation of its privatization program,” Rehn told German daily Die Welt.
He also called on Greece's political parties to end their squabbles.
“It is an illusion to think there is an alternative to the economic reform program,” Rehn said.
There were doubts within the International Monetary Fund (IMF) over the decision to offer Greece further credits, Die Welt reported, citing unnamed senior EU diplomats.
The IMF is due to pay its next credit installment of 12 billion euros in June, pending the outcome of its mission to Athens to assess the extent of Greece's debt problem.
Should the IMF decide against offering more credit, the shortfall would be shouldered within the EU, the newspaper wrote.
Rehn also called upon Germany to support the 78-billion-euro rescue package for Portugal, which the EU finance ministers were due to decide about at their meeting in Brussels.
“We cannot do this without Germany and its willingness to secure the stability of the euro,” Rehn said.
“By helping Portugal under strict, but realistic, conditions, we are also protecting the economic recovery in Germany and the savings of German citizens,” he added.
The finance ministers of the 17-member eurozone are meeting on Monday, followed by a meeting of the finance ministers of all 27 EU member states on Tuesday.
(Source: Monstersandcritics.com)