24 Feb 2015
Eurogroup approves Greek list of reforms
FXStreet (Córdoba) - After a teleconference that lasted about an hour, Eurogroup approved the list of reforms submitted by Greek authorities today.
However, Eurozone finance ministers called on Greek authorities to further develop and broaden the list of reform measures in order to allow a successful conclusion of the review.
In a statement, the Eurogroup said institutions considered the list of measures to be sufficiently comprehensive to be a valid starting point.
The Eurogroup agreed to proceed with the national procedures to reach a final decision on the extension by up to four months of the current bailout program.
However, Eurozone finance ministers called on Greek authorities to further develop and broaden the list of reform measures in order to allow a successful conclusion of the review.
In a statement, the Eurogroup said institutions considered the list of measures to be sufficiently comprehensive to be a valid starting point.
The Eurogroup agreed to proceed with the national procedures to reach a final decision on the extension by up to four months of the current bailout program.