The Eurogroup announced the completion of a financial crisis in Greece. Athens going to transfer another € 15 billion as the last tranche of the support programme, which then needs to stop.
This is a great day. Greece now stands confidently on his feet
European Commissioner for economy and Finance
Greece now itself to cope with your finances, — said the European Commissioner for economy and Finance Pierre Moscovici: “It is a great day. Without a doubt, it is important for Greece and for the Eurozone. We come out of an eight-year crisis. We spent a lot of effort to find a solution, and now the time has come to celebrate. Greece now stands confidently on his feet, thanks to the responsibility and solidarity.”
The program of aid to Greece will be completed in August. By this time Athens needs to save enough money to pay down debt for almost two years. In a statement the Eurogroup said that this is a serious guarantee in case of any risks.
Positively about the results of the work of the Eurogroup speaks Vice-the President of the European Commission Valdis Dombrovskis: “This is a truly historic moment that Greece finally gets on his feet. This transaction allows to significantly alleviate the debt burden of Greece. Now it is possible to ensure a gradual return of Greece to markets and financial stability”.
The International monetary Fund, meanwhile, are concerned about the state of finances of Athens in the long run and do not rule out that the Eurogroup will have to take additional support measures.