Greece Formally Exits EU Crisis Monitoring Framework After 16 Years, Pierrakakis Says

The European Commission has formally removed Greece from its macroeconomic imbalances monitoring framework, closing the final bureaucratic chapter of the country's 16-year debt crisis, National Economy Minister Kyriakos Pierrakakis has announced. Speaking at the opening of a New Democracy regional office in Patras, Mr. Pierrakakis, who also serves as Eurogroup President, said European authorities now formally regard Greece as an economic success story rather than a fiscal liability — a design...

By ANTHEE CARASSAVA