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Staff statement following the fourth post-programme mission to Greece

Staff from the European Commission, in liaison with staff from the European Central Bank, visited Athens from 23-26 September for the fourth post-programme mission to Greece.

date:  26/09/2019

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Staff from the IMF participated in the context of its Article IV surveillance cycle. Staff from the European Stability Mechanism participated in the context of its Early Warning System. The mission held productive discussions on the situation, progress made, and key challenges still facing the Greek economy, as well as the policy priorities of the new administration. The latter included a discussion on the state of play and next steps in implementing Greece’s commitment to continue and complete the key reforms launched under the stability support programme. Discussions on the fiscal situation and outlook will feed into the preparation of Greece’s Draft Budgetary Plan for 2020, which is to be presented to the Commission by 15 October alongside those of all other Member States. The mission was also an occasion to meet with representatives of social partners and banks with a view to updating them on the modalities of engagement in the post-programme period and exchanging views on key policy issues. Close dialogue on economic policy priorities and challenges will continue going forward on a regular basis. The fourth enhanced surveillance report will be issued this autumn.