FRANKFURT, Germany (AP) — A European Central Bank official is being quoted as saying Greece hasn't done enough to meet the terms of its bailout agreed last year.

Ewald Nowotny was quoted by Austria's Kronen Zeitung newspaper on Friday as saying "Greece has apparently insufficiently fulfilled the conditions of late."

Greece got a euro110 billion ($156 billion) bailout loan from the European Union and the International Monetary Fund to avoid going bankrupt.

Nowotny, who sits on the ECB's rate–setting council, said privatizations were "the most sensitive issue." Greece has agreed to privatize euro50 billion in assets to pay down debt but the IMF says it could do much more.

EU and IMF officials are currently assessing Greece's compliance and whether to give more help.