Staikouras says Eurogroup praised Greek moves

The Eurogroup acknowledged on Thursday the positive course of the Greek economy before the pandemic and the government's rapid reaction to the spread of the coronavirus, and gave the nod for measures benefiting Athens to the tune of 748 million euros.

Thursday's Eurogroup teleconference examined the sixth enhanced surveillance report by the European Commission on Greece, which was the third consecutive positive report for Athens in less than a year, Greek Finance Ministry sources pointed out.

The eurozone finance ministers "acknowledged the good course of the economy before the outbreak of the health crisis," said Greek Minister Christos Staikouras, adding that the meeting also "praised the rapid and decisive reaction of the government" to the pandemic and its economic consequences.

"The Eurogroup took note of progress in a series of reforms, in spite of the...

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