Enhanced surveillance report seen paving the way for disbursement of 767 mln euros

Greece's fourth post-bailout assessment by the European Commission, which was published Wednesday, is seen as paving the way for the disbursement of 767 million euros in eurozone central banks' profits from Greek bond holdings (SMPs and ANFAs).
Although that decision will be made at next month's Eurogroup meeting, the report says that Greece "has taken the necessary actions to achieve its specific reform commitments for mid-2019." While issuing some warnings regarding certain domains, the Commission says that the conservative government has committed to making the necessary moves.
"Further actions will be crucial to complete, and where necessary accelerate, reforms. This assessment takes into account the efforts of the new administration over the last months to implement the commitments, in the context of advancing a broader reform agenda, and its willingness to prepare...