Greece welcomes the end of enhanced economic supervision from Brussels

Úrsula Von der Leyen affirms that the country can "look to the future with confidence" after closing a key chapter in its recent history

Greece has formally left this Saturday the reinforced surveillance that the European Commission has maintained for years to supervise the reforms adopted after the rescue plan, “a historic day” in the words of Prime Minister Kyiriakos Mitsotakis.

“The country can now look towards a new clean horizon, one of development, unity and prosperity for all,” said Mitsotakis, in a video that symbolizes the end of twelve years that, as the prime minister has acknowledged, has brought hard commitments.

He has pointed out that there has also been “pain” in these twelve years, the result of a battery of obligations that included “unbearable” taxes and cuts in salaries and public services, as well as the fact that Greece was relegated in Europe, reports the newspaper ‘Kathimerini’.

In this sense, he has admitted that the stagnation of the economy has also added a greater “division” in society, critical of the measures imposed from Brussels. However, he considers that some of these “wounds” have been overcome, such as the increase in violence, institutional weakness or the emergence of the neo-Nazi party Golden Dawn.

The European Commission announced on August 10 that it would not extend the reinforced monitoring of the reforms linked to the bailout, after assessing that Greece has fulfilled most of its commitments and that, by extension, it has reduced the risks for the eurozone as a whole.

The President of the European Commission, Ursula von der Leyen, stated on Twitter that “thanks to the determination and resilience of Greece and its citizens, the country can close this chapter and look to the future with confidence.” “The EU will always be by your side,” she added.

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Source: dpa

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