EU Commission clears Greek budget, but sees need for speedy reform

ATHENS (Reuters) - The European Union's executive gave the thumbs-up to Greece's first post-bailout budget on Wednesday, but said the country had to speed up reforms to qualify for any future disbursements under debt relief measures.The European Commission said it had adopted its first report for Greece under a close monitoring programme put in place after the concussion of its bailout programme in August. But it said activation of some debt relief measures, agreed by euro zone finance ministers..