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“A joint Commission/ECB/IMF mission met with the Greek authorities in Athens on 27 January–11 February 2011. The mission assessed compliance with the terms and conditions of the Third Review under the economic adjustment programme and updated conditionality for the next reviews. Completion of the review will release the fourth tranche of financial assistance from euro-area Member States to Greece (EUR 10.9 billion) according to the pooled-loan agreement. Completion of the IMF review under the stand-by arrangement is expected to release an additional EUR 4.1 billion.”

“The programme's objectives remain intact. The objectives of the adjustment programme are to preserve financial stability and adequate liquidity in the banking sector, a front-loaded reduction in fiscal deficit to restore public debt sustainability, and a change to a growth model based on exports and investment, to ensure growth and jobs and the sustainability of the external accounts. As this Compliance Report documents, these objectives remain intact. The programme is broadly on track and has made further progress towards its objectives.”

Directorate-General for Economic and Financial Affairs

The Directorate-General for Economic and Financial Affairs (DG ECFIN) reports to the Commissioner for Economic and Monetary Affairs. It strives to improve the economic wellbeing of the citizens of the EU - through policies designed to promote sustainable economic growth, a high level of employment, stable public finances and financial stability.

The current priority is to ensure the European economy emerges quickly and strongly from the economic and financial crisis.

Личен сайт: http://ec.europa.eu/economy_finance/index_en.htm