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Greece's financial recovery program will be officially concluded in mid-August. In general, international lenders have supported Athens for eight years. However, Brussels will continue to monitor closely the implementation by Greece of the reforms approved by Parliament and the government. The decision to launch this follow-up was taken in Brussels this week.
Greece, after eight years and countless scandals, was able to complete the international loan program. It was already the third aid program provided by the European Commission (EC) and other lenders in Athens. The International Monetary Fund has not been involved in this case right now.
Although now Greece can gradually return to a normal life, Brussels still wants to take care of the actions of Athens.
However, the European Commissioner for Financial Affairs, Pierre Moskovis, said that this plan should not be another loan or an additional reform program. "This plan is designed to allow Greece to continue with its reforms and to persuade the strengthening of monitoring does not require any additional reforms, measures or measures to be adopted, which means that 450 different reforms have already been approved, including Most Vice-President Valdis Dombrovskis also stressed that the Greek economy continues to pose many problems and that the country's recovery rate should therefore be closely monitored. economists who think that Greece's debt is too large and that the country will not be able to cope in the long-term.
Therefore, enhanced surveillance should regularly provide Brussels with comprehensive information on what is happening Dombrovskis said last month the EC pledged to support another 32 reform projects in Greece. form of the judicial system, the more efficient collection of taxes and the creation of the Greek Development Bank.
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