Statement by the European Commission on latest steps towards an ESM programme for Greece
Following the technical agreement on a Memorandum of Understanding between the Institutions and the Greek authorities, the Commission this morning adopted the necessary draft Council decisions for a three-year programme under the European Stability Mechanism (ESM). These documents were transmitted to the Council ahead of the Eurogroup meeting on Friday.
President Juncker has spoken to President of the Eurogroup Dijsselbloem to inform him of this and to prepare tomorrow's Eurogroup, where the Commission will be represented by Vice-President Dombrovskis, responsible for the Euro and Social Dialogue.
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