The European Commission ordered Monday that Greece’s new leaders must put in writing their pledge to honor new austerity measures before Athens is given its sixth installment of aid.
In a Bloomberg report Monday, Amadeu Altafaj, spokesman for the European Union Economic and Monetary Affairs Commissioner Olli Rehn, was quoted saying, “A clear and unequivocal commitment in writing by the political forces in Greece” will be required for the budget austerity measures the country has said it will undertake.
The document will require political signatories, including Antonis Samaras, head of the New Democracy party, to affirm their commitment to carrying out further efforts to cut Greece’s debt before the next tranche of the country’s bailout loans will be released to it. “At this stage,” added Altafaj, “we don’t have it.”