The European Commission is expected to send a message, via its second enhanced surveillance report, that Greece needs to accelerate the completion of the ongoing reforms until the next Eurogroup, which will take place on March 11, in order to get the green light for the release of the next tranche of € 1 billion.

According to AMNA’s sources, the institutions will point out that since November 2018, Greece has made progress in all areas of reform, but some commitments made by the Greek government have not yet been achieved.

These commitments include dealing with non-performing loans, the repayment of overdue debts, privatizations, etc.

The results of the reports will be presented at a joint press conference this afternoon by Commissioner for Economic and Financial Affairs Pierre Moscovici, Commission Vice-President for Euro issues, Valdis Dombrovskis and European Commissioner for Employment, Social Affairs, Skills and Labour Mobility, Marianne Thyssen.