No backtracking on reforms, Dombrovskis warns Greece

The European Commission's vice president, Valdis Dombrovskis, warned Greece in an interview with Kathimerini on Sunday of the importance of "continuous adherence to reforms and post-program fiscal targets."

Speaking on the sidelines of the International Monetary Fund's spring meeting in Washington, the European official, who is also responsible for the euro, stressed that commitment to reforms is what markets will be looking for when Greece exits its bailout program in August.

"Now that the Greek program is drawing to a close and will finalize in August, we are preparing the final review of the program and preparing basically for Greece to re-enter financial markets," Dombrovskis said. "For this, of course, it is important that there is confidence from the financial markets in the Greek economy and in the sustainability of Greek debt."

He said that for this to...