Statement on fourth (and final) review of Greece’s economic adjustment programme

Author (Corporate)
Publication Date 22/06/2018
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Summary:

The Eurogroup discussed on 21 June 2018 and later released a statement on the final review of Greece's economic adjustment programme under the European Stability Mechanism (ESM).

Further information:

The Eurogroup commended the Greek authorities for the completion of the agreed prior actions of the final review of the ESM programme. As part of the agreed conclusion of the programme following the final review, the Greek authorities made commitments, as set out in an annex to Eurogroup statement, to continue the implement of a set of reforms adopted under the programme and sustain their objectives, as well as complete certain structural reforms initiated under the ESM programme against agreed deadlines.

The intention of the European Commission to activate the Enhanced Surveillance procedure and the support shown by Greek authorities to this intention was also welcome by the Eurogroup.

Source Link https://www.consilium.europa.eu/en/press/press-releases/2018/06/22/eurogroup-statement-on-greece-22-june-2018/
Related Link(s)
Commentary and Analysis
EUObserver, 21.06.18: Greece facing post-bailout challenges https://euobserver.com/beyond-brussels/142151
New Statesman, 22.06.18: As Greece’s bailout nears end, is the eurozone better equipped to handle future crises? https://www.newstatesman.com/politics/staggers/2018/06/greece-s-bailout-nears-end-eurozone-better-equipped-handle-future-crises
Bloomberg, 22.06.18: Greece Will Be Stuck In Its Bailout for Years to Come https://www.bloomberg.com/opinion/articles/2018-06-22/greece-will-be-stuck-in-its-bailout-for-years-to-come
Bloomberg, 22.06.18: Greece's Deal Leaves Too Much to Chance https://www.bloomberg.com/opinion/articles/2018-06-22/greece-s-deal-leaves-too-much-to-chance

News
EUObserver, 22.06.18: Greece and creditors proclaim 'end of crisis' https://euobserver.com/economic/142165
Deutsche Welle, 21.06.18: Eurozone agrees on plan to end Greek bailout https://p.dw.com/p/303Sd
EurActiv, 22.06.18: Eurogroup reaches ‘historic’ deal on debt relief for Greece https://www.euractiv.com/section/economy-jobs/news/eurogroup-reaches-historic-deal-on-debt-relief-for-greece/
The New York Times, 21.06.18: Greece Prepares to Stagger Back From Debt Crisis, the End of Bailouts in Sight https://www.nytimes.com/2018/06/21/business/economy/greece-europe-bailout.html
The Guardian, 22.06.18: Greece 'turning a page' as eurozone agrees deal to end financial crisis https://www.theguardian.com/world/2018/jun/22/eurozone-greece-financial-crisis-deal
Reuters, 21.06.18: Greece gets debt relief from euro zone https://uk.reuters.com/article/idUKKBN1JG3KJ
Politico, 22.06.18: Greek deal paves way for August bailout exit https://www.politico.eu/article/greek-deal-paves-way-for-august-bailout-exit/
BBC News, 22.06.18: Greece hails 'historic' debt relief deal https://www.bbc.co.uk/news/business-44573548

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