May 24, 2011 / 3:04 PM / 7 years ago

Greece must reform more to get aid - Dutch FinMin

BERLIN, May 24 (Reuters) - Greece must reform, save and privatise more before it can receive further financial aid, Dutch Finance Minister Jan Kees de Jager said on Tuesday.

“For the sake of the euro and also for its own sake, Greece needs to cut its spending more, carry out more economic reforms and privatise a very large portion of its state-owned companies,” De Jager said in a speech in Berlin. “Insufficient action could unleash a chain reaction in the euro zone, which is only now gradually recovering from the financial crisis,” he said. (Reporting by Sam Cage, writing by Annika Breidthardt)

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