Global auditors seek 150 new Greek reforms | business | Hindustan Times
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Global auditors seek 150 new Greek reforms

business Updated: Oct 28, 2012 21:22 IST
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International auditors - the Troika of European Central Bank, International Monetary Fund and the European Union - will demand Greece carry out a further 150 reforms to its recession-battered economy, German newsweekly Spiegel reported on Sunday.

Citing an interim version of the findings of the troika of creditors, Spiegel said Athens would get an extra two years to carry out the reforms.

Greece has completed 60% of the reforms already demanded of it. Among the additional reforms demanded are a loosening of the hiring-and-firing laws, changes to the minimum-wage rules and a lifting of certain professional privileges, the report said.