According to the review, there has been significant progress in fiscal structural reforms, with effective measures taken against tax evasion and the creation of a single payment authority of public wages, while important pension legislative reforms were underway.

The Commission acknowledges also that the Greek government has initiated work on other structural reforms, such as the ones relating to the local government and transparency in public spending and the legislation to liberalise the road haulage sector. Also, satisfactory progress has also been recorded in preparing legislation towards the creation of a Financial Stability Fund. The tripartite mission is scheduled to visit Athens toward the end of July to assess progress, a prerequisite for the drawing of the second tranche of the loan.

European Commission: The Economic Adjustment of Greece-Interim Review

Greek News Agenda: FinMin- Optimistically Reserved