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Eurogroup OKs 767mln€ disbursement of debt-reduction funds to Greece; welcomes measures to combat pandemic

The Mitsotakis government received a welcome fillip from the Eurogroup on Monday, amid the ongoing Covid-19 pandemic and its related repercussions on the local and global economy, with the euro-area’s finance ministers Athens for the “large set of timely, targeted and temporary support measures taken … to cushion the effect of the pandemic on businesses, workers and the healthcare sector.”

The statement came after a decision by the Eurogroup to disburse 767 million euros to Greece in a debt-reduction scheme.

The Eurogroup ministers also welcomed, as they said, progress with implementing agreed-to reforms, even amid the public health crisis.

The complete statement is here:

https://www.consilium.europa.eu/en/press/press-releases/2020/11/30/eurogroup-statement-on-greece-of-30-november-2020/