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> Economy

Moscovici: A reliable reform on social security system is necessary

Jeroen Dijsselbloem congratulated the Greek government for the considerable efforts it has made

Newsroom January 14 04:52

The Eurogroup meeting, which is currently in progress, is expected to be short, since senior European officials said yesterday that they would not take any decision on the Greek social security reform.

Arriving at the meeting, European Commissioner for Economic Affairs Pierre Moscovici said that a reliable reform on social security system is necessary adding that Eurogroup will review Greece’s proposal social security reform.

In a brief doorstep statement as he arrived for the Eurogroup meeting, Greece’s Finance Minister Euclid Tsakalotos reported finding “sympathetic ears” at every stop on his tour of six European capitals, for talks with his Eurozone counterparts on the Greek programme and other issues of European interest.

“I’ve just visited six other capitals, where I discussed with ministers of finance the progress of the Greek programme and issues of wider European interest, both economic and non-economic. Everywhere I went I had sympathetic ears and saw people looking for solutions, not problems,” he said

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Arriving at the meeting,  President of the Eurogroup Jeroen Dijsselbloem  congratulated the Greek government for the considerable efforts it has made up to now, while German Finance Minister Wolfgang Schäuble said that discussion with Greek finance Minister was “constructive”.

As for the program delays, Mr. Schäuble said that “there is a delay but this something that has happened in the past”.

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