Eurozone finance ministers on Monday, as expected, formally approved of a suspension of the social security reduction that was set for implementation in Greece on Jan. 1, 2019, along with countervailing measures financed by an over-performance in terms of meeting of fiscal targets.
By N. Bellos
[email protected]
Eurozone finance ministers on Monday, as expected, formally approved of a suspension of the social security reduction that was set for implementation in Greece on Jan. 1, 2019, along with countervailing measures financed by an over-performance in terms of meeting of fiscal targets.
The decision was taken at a Eurogroup meeting, with the next gathering of finance ministers set for February 2019, where pre-legislated reforms in Greece will come under creditors' scrutiny.
The approval of the two pressing Greek requests was taken without hesitation, according to reports.