"Greece has made immense progress in creating a basis for a sustainable growth model, based on sound public finances, a more competitive economy and a robust, effectively supervised financial sector."
Updates on the economic adjustment programme for Greece published regularly on our website.
The EU's Council of Economic and Finance Ministers took place in Luxembourg on 14 October.
Items debated included: measures in support of investment, research and innovation as sources of renewed growth, follow-up to the G20, IMF and World Bank Group meetings, banking regulations state of play and tax evasion.
The Commission and the ECB concluded that the recent economic and financial developments confirm the positive trends of stabilisation.
They added that it is important to remain vigilant, as challenges are still substantial.
More about Post-programme surveillance for Spain.
"We need to make available as much public investment as necessary, and as much private investment as possible, to support demand in the short term and improve supply in the longer term."