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> Economy

European Commission: Significant progress towards the conclusion of program review

Regarding the Greek debt issue, she stressed that it is up to the European Stability Mechanism and Greece's lenders to decide

Newsroom May 10 03:08

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European Commission’s spokesperson Annika Breidthardt said on Tuesday that the outcome of Monday’s Eurogroup is a step of “significant progress towards the conclusion of the Greek program review,”.

Breidthardt stated that following the legislation of ‘important’ reforms by the Greek parliament on sunday and the completion of the legislation of the prior actions in the next days, the institutions and the Greek authorities are expected to reach an agreement at technical level, while afterwards the Eurogroup will be ready to support the disbursement of the next tranche.

Regarding the Greek debt issue, Mrs. Breidthardt reiterated that the European Commission will contribute with its know-how. However, she stressed that it is up to the European Stability Mechanism and Greece’s lenders to decide.

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