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Eurogroup President Dijsselbloem: Greece Has Come a Long Way

A proposal to drop Greece’s “excessive deficit procedure” was described as a sign of the country’s economic progress, said Jeroen Dijsselbloem after the conclusion of Tallinn’s Eurogroup.

Speaking in Tallinn, Estonia, Eurogroup president Dijsselbloem said that institutions in Athens were already preparing the ground for a third review of the country’s bailout program.

“A sign that Greece has come a long way is the proposal to abrogate the excessive deficit procedure, which we welcomed today” he noted. However, he said more work needed to be done on several issues.

Greece will be required to complete 95 actions, many of which mean implementing legal changes brought up at earlier dates, during the bailout program.

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