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23 January, 1999
The Greek economy has made significant progress in the last few years, European Central Bank governor Wim Duisenberg said yesterday.
"Greece has worked very hard in recent years," Mr. Duisenberg told a news conference.
Although the country had yet to meet all European Union alignment criteria, much ground had been covered. The progress was major, especially due to the fact that Greece had "come a long way".
Mr. Duisenberg also said he was aware of the Greek government's pledge to join the Euro by January 1, 2001 and hoped the EU would respond positively.
Source: Athens News Agency