ECONOMY

Eurozone to decide in June measures to help Greece end bailout, says Centeno

eurozone-to-decide-in-june-measures-to-help-greece-end-bailout-says-centeno

Eurozone finance ministers will decide next month on the future steps to help Greece successfully end its current bailout program, the chairman of the Eurogroup said on Friday after a meeting in Sofia.

“The Eurogroup will decide in June all the elements that can help facilitate the Greek exit from the bailout programmed,” which ends in August, Mario Centeno told a news conference.

He said Greece did not intend to ask for a precautionary credit line and said ministers discussed the European Commission’s proposal for enhanced surveillance of Greece after the end of the bailout program. [Reuters]