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EU Commission sends top official to Greece to keep it in euro zone

Staff Writer | February 14, 2017
Germany backed Greece to stay in the euro zone and Brussels dispatched a senior official to Athens to persuade reluctant Greeks to take on further reforms.
Yannis Stournaras
Europe   Yannis Stournaras says it may be too late
It came as the European Commission forecast a large jump in economic growth for Greece of 2.7 percent and 3.1 percent, respectively, this year and next.

In Athens, Yannis Stournaras, Greece's central bank chief, said a swift agreement with international lenders was crucial to keeping the Greek economy on the mend and that down the road "it may be too late".

The future of Greece's multi-billion euro financial aid programme is contingent on Athens concluding a second review of progress in its economic reform obligations.