Eurozone finance ministers have welcomed a package of policy reforms from Greece during its first review of Greece's macroeconomic adjustment programme. The broad-ranging reforms covered the pension system, reform of income tax and VAT, measures on the public sector wage bill, the country’s privatisation strategy and the issue of non-performing loans. Jeroen Dijsselbloem, head of the Eurogroup, said the agreement paves the way for successful completion of the first review of the programme, opening the way for the disbursement of further financial assistance for Greece. The Eurogroup concluded that further work was needed by the Greek authorities and the institutions on a mechanism regarding additional contingency measures. The Eurogroup is set to continue its discussion at its next meeting on 24 May.