Greece promises public sector shake up


ATHENS, Greece: Greece's finance minister pledged Tuesday to speed up a series of delayed reforms meant to cut flab from the country's bloated public sector without immediate job losses, open up tightly regulated professions to competition and kick-start an ambitious privatization plan.

"Greece is not the pariah of the European Union, it is not a permanent sore and problem," Evangelos Venizelos told reporters after a cabinet meeting. "It is an equal, competitive country that has a very serious problem regarding its public debt and fiscal deficit. We can and shall overcome this, but not without carrying out the structural reforms in full."

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