In an initiative agreed between the Portuguese Minister of Finance, M?rio Centeno, and his Greek counterpart, Euclid Tsakalotos, Portugal and Greece held a technical cooperation working session in Lisbon on the post-programme period following the exit from an economic and financial adjustment.

According to a press release issued by the Portuguese finance ministry on Monday, the session was held with a view to prepare the post-programme phase in Greece, in a spirit of bilateral cooperation.

The post-programme monitoring phase, which in the case of Greece is expected to start on 20 August, involves technical missions from the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund. The meeting provided an opportunity to share and discuss the Portuguese post-programme experience with multilateral institutions and the practical aspects of the organisation of these missions, reinforcing the technical cooperation between the two countries.

The Portuguese Financial Assistance Programme ended on 30 June 2014. Portugal is now in a post-programme monitoring phase, under the supervision of the European Institutions and the International Monetary Fund.