EUROPEAN PRESS: The measures announced last Friday by Greece to restore
soundness to its fiscal affairs are promising for the country’s outlook
and should be seen that way by observers, European Central Bank
Executive Board member Jose Manuel Gonzalez-Paramo said in an interview.
Paramo told Spanish business daily Expansion that the measures “improve
the prospects of the Greek economy and its future” and “are convincing
for the ECB, for the IMF and for the European Commission.”