Commission extends post-programme framework for Greece and discontinues position of Mission Chief

The European Commission has adopted a decision to extend the Enhanced Surveillance framework for Greece by six months, as provided for under Regulation (EU) No 472/2013 (part of the so-called “two-pack”). This extension is a normal and expected process that serves to ensure continued support for the completion, delivery and implementation of reforms agreed under Greece’s stability support programme, in line with the commitments made by the Greek authorities. The implementation of these reforms is crucial to further strengthening Greece’s economic recovery. Earlier this week, the Commission decided to appoint Mr Declan Costello, currently the Mission Chief for Greece, to the position of Deputy Director-General at the Directorate‑General for Economic and Financial Affairs. Mr Costello’s departure from his position as Mission Chief follows the successful conclusion of the European Stability Mechanism (ESM) stability support programme last summer, and the position will not be filled again.