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EU task force to help troubled Greece

A new team within the European Commission has been set up to coordinate technical assistance for Greece. European Commission President Jose Manuel Barroso appointed EBRD Vice President Horst Reichenbach to lead the task force.

The task force will work closely with the Greek authorities and other EU member states to coordinate the technical assistance that Greece may need in order to be able to deliver programs worked out with the EU and the International Monetary Fund.

Under Reichenbach’s leadership, the task force will work to identify and agree with the relevant Greek authorities the details of the sort of technical assistance to be provided, the results to be delivered as well as the time frame for such work. He will take up his position in early September.

Reichenbach joined the EBRD on August 31, 2005 as secretary general. He became vice president for risk management, human resources and nuclear safety in April 2007 and vice president for risk and resources in September 2010.

Before joining the EBRD, Reichenbach, a German national, was director general of enterprise and industry at the European Commission, in Brussels, where he worked for 30 years.