News Summary: Greece vows faster reforms

Staff Writer
Columbus CEO

QUICKENED PACE: Greek Prime Minister Antonis Samaras promised Tuesday to speed up austerity reforms.

CRISIS MODE: The vow came a day after Samaras was forced to reshuffle his cabinet due to a political crisis triggered by the closure of state broadcaster ERT. He is also faced with a host of acute problems including shortages in health care and staggering unemployment, which has topped 27 percent.

CUTS PROMISED: Greece has promised to axe 15,000 public sector jobs by the end of next year as part of cuts demanded by bailout creditors, the International Monetary Fund and other euro countries.