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Economy

Commission Likely to End Greece’s Enhanced Surveillance Status, Gentiloni Says

BRUSSELS – “The enhanced surveillance for Greece is expected to end in August this year. Based on our assessments and the successful implementation of the reforms by Greece, the Commission may not extend the enhanced surveillance status after its expiration in August,” Commissioner of Economy Paolo Gentiloni said on Monday presenting the 14th report of enhanced surveillance for Greece.

The Commissioner for Economy explained that if the enhanced surveillance for Greece is not extended, then the country will enter the post-programme surveillance, in which Spain, Portugal and other countries have entered. As for the remaining disbursements to Greece from the Greek debt relief measures, the decision will be taken by the Eurogroup, the Commissioner added.

(ANA-MPA/M. Aroni)

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