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Greece, creditors disagree on toughening foreclosure laws
Published in Saudi Press Agency on 26 - 10 - 2015

Greece and its bailout creditors remain divided over how to toughen foreclosure laws, a European Union official said Monday, though the overall talks on getting the country the next batch of loans are on track, according to AP.
Valdis Dombrovskis, a European Commission vice-president for the euro, said Greece has already done many reforms, quickly. But he warned "there is no time to lose. There is a need to work very actively to modernize the Greek state and economy."
Greece has committed to broad reforms, savings and tax hikes to secure its third bailout package from its European partners. Bailout creditors are currently reviewing the government's compliance with the measures they had agreed upon before paying the country a 2 billion euro loan installment.
-- SPA
19:34 LOCAL TIME 16:34 GMT
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