European Commission spokesman Simon O'Connor presented the report on the Greek economy

The European official said that Greece has been successful in the fight against corruption as well as in terms of privatization and structural reforms, noting at the same time that their progress is slow because of the reactions on the part of the established corporate interests. This is the main reason why the European Commission continues to doubt the programme implementation. He however expressed his belief that the reforms will be implemented in the coming months.

According to Brussels, the sustainability of the Greek public debt is secured and it expects it to reach 125% of GDP in 2020 and 112% in 2022. The European Commission representative stressed that the debt had not been the subject of discussion during the last visit of the supervisory Troika to Athens. "At the meeting of the Finance Ministers of the Eurogroup member states we decided to consider this issue after the next report on the progress of the Greek programme," he said, adding that the situation could change if in the mean time Greece decided to issue new government bonds.

In terms of the next tranches of economic aid to Athens, he said that 6.3 billion euro will be allocated on 28 April and another 2 billion euro in June and July.