Athens, February 25 – Euro zone finance ministers have approved Greece’s reform plan, paving the way for a four-month extension of the country’s financial rescue program, a Greek finance ministry official told Reuters on Tuesday.
“The Eurogroup teleconference is over and the Greek reform plan was approved,” a Greek finance ministry official told Reuters after the ministers held a conference call to discuss the detailed list of measures submitted by Athens late on Monday.
The six-page document from Athens rowed back on campaign promises to halt privatizations, boost welfare spending and raise the minimum wage and pledged to consult partners before key reforms and keep them budget-neutral.
-INDIA TODAY
