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First post-programme mission to Greece reviews economy, status of reforms and fiscal situation

Staff from the European Commission, in liaison with staff from the European Central Bank and the International Monetary Fund, visited Athens from 10-14 September for the first post-programme mission to Greece.

date:  27/09/2018

See alsoStaff statement following the first post...

Staff from the European Commission, in liaison with staff from the European Central Bank and the International Monetary Fund, visited Athens from 10-14 September for the first post-programme mission to Greece. Staff from the European Stability Mechanism (ESM) participated in the meetings in the context of its Early Warning System. Following the completion of the ESM programme, Greece has been reintegrated into the European Semester of economic policy coordination. The Commission has also activated the enhanced surveillance instrument for Greece. The mission held discussions on the situation and key challenges facing the Greek economy in the post-programme period, as well as the status of reforms launched under the programme. This included discussions on the fiscal situation and outlook, as well as on the implementation of the Non-Performing Loans resolution strategy. The former discussions will feed into the preparation of Greece’s Draft Budgetary Plan for 2019, to be submitted to the Commission by 15 October. The first quarterly enhanced surveillance report will be issued in November, together with the Commission’s Autumn Package under the European Semester.