Eurogroup chief: No troika for EU resources

European officials praised on Friday Greece's response to the health crisis and stressed that the country will be in the same position as its eurozone peers in the terms of the support it receives from the European Union.

Speaking at an online event by The Economist in Athens, Eurogroup chief Mario Centeno said that Greece has shown significant progress not only in tackling the pandemic but also in its finances. "The country now standing tall in the capital markets is not the same country as the one that sought European assistance a decade ago," he said, adding that in this crisis "there are no issues of moral hazard or structural weaknesses."

The Portuguese finance minister also stressed the significance of European resources set aside for the recovery of the European South. In the programs already agreed and those under negotiation, such as the Next Generation EU...