Third enhanced surveillance report on Greece: Good start but implementation of reforms has slowed

The institutions' third report on Greece in the context of the enhanced surveillance programme, unveiled on Wednesday, said that Greece made a good start in the post-programme period but that the reform effort has slowed down in recent months.

More specifically, the report underlined that, while Greece made a reasonable start to the post-programme environment since the expiry of the ESM programme in August 2018, the "pace of reform implementation has slowed in recent months and the consistency of some measures with commitments given to European partners is not assured".

Whilst there are a few policy areas where reform implementation continues (e.g. some issues related to the cadastre, Hellinikon), the report added, it also noted a risk that most of the 15 specific commitments for mid-2019 will not be completed on schedule.