Greece has made stepped up the pace of reforms and the government is advancing a number of flagship privatizations, despite the challenges posed by the pandemic, the European Commission noted on Wednesday, ANA reports.
It thereby provides a basis for the Eurogroup to discuss the release of the next tranche of policy-contingent debt measures, amounting to 767 million euros, it concluded in the Enhanced Surveillance Report for November 2020.
Despite the recent surge in infections, Greece has to date managed to contain the spread of the coronavirus comparably well, also thanks to a timely response in regions facing an increase in the number of new cases, according to the Commission’s report. It noted that Greek authorities are strengthening the preparedness of the healthcare system and expanding the testing capacity, while at the same time expanding and adapting the set of fiscal and liquidity measures aiding persons and businesses affected by the pandemic.
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