August 20, 2018 / 6:52 AM / a year ago

EU's Moscovici says he hopes for further progress in Greek economy

European Commissioner for Economic and Financial Affairs Pierre Moscovici speaks during a news conference at the G20 Meeting of Finance Ministers in Buenos Aires, Argentina, July 22, 2018. REUTERS/Marcos Brindicci

PARIS (Reuters) - The European Commissioner for Economic and Financial Affairs said on Monday he hoped Greece would make further economic progress and undertake social reforms, after Greece’s exit from its final, three-year bailout program.

“In future, Greece will be able to define its own economic policies,” Pierre Moscovici said in an interview with French radio station France Inter.

The euro zone’s ESM rescue fund body had said earlier that Greece had successfully exited its final, three-year bailout program, agreed in August 2015 to help it cope with the continued fallout from a debt crisis.

Reporting by Sudip Kar-Gupta and Julie Carriat; Editing by Edmund Blair

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