Greece Says Euro Area’s Aid Green Light Shows Economic Progress

Greek Finance Minister Yannis Stournaras said the euro-area blessing of this month’s aid disbursement for Greece is proof of the government’s “important” progress in overhauling the economy while signaling challenges ahead for further payouts.

“Greece satisfied the milestones that had been set for January,” Stournaras told reporters late yesterday in Brussels after a meeting of the finance chiefs of the 17-nation euro area. “The road is long and continues.”