Brussels urges Athens to remain on reform path as fourth post-MoU review looms

EconomyProgramme Tags: EC, ESM, Eurogroup, Reforms
Photo by TP via Flickr https://flic.kr/p/5WRaRc
Photo by TP via Flickr https://flic.kr/p/5WRaRc

The European Commission (EC) marked on Tuesday the first anniversary from the completion of Greece’s third adjustment programme - a 3-year adjustment effort with emphasis on structural reforms that provided loans of just short of 62 billion euros via the European Stability Mechanism (ESM).

The EC stressed in a factsheet that macroeconomic data is staring to show the tangible results of the efforts undertaken in the last decade. Growth has returned and is expected to exceed 2 percent this year and next; the labour market is improving, with...

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