Centeno welcomes Greece’s progress with reform implementation

Mario Centeno, Portugal's Finance Minister and newly elected President of the Eurogroup, holds a news conference at the European Council headquarters in Brussels, Belgium, December 4, 2017. REUTERS/Yves Herman

“We welcomed the good progress with reform implementation. Greece has been able to outperform its fiscal targets for the fifth year in a row, reaching a primary surplus of 4 pct in 2019,” Eurogroup President Mario Centeno said late on Monday.

“We all agree that of course Greece will also be able to make full use of the flexibility with the fiscal rules to deal with the consequences of the coronavirus,” he added.