According to a Reuters report, the Eurozone is considering whether Greece needs further debt relief, as the recent financial reforms and developments show that the Greek debt has become sustainable.
The international news agency cited European officials who argue that the Greek economy has made strides since November 2012, when it was decided that the country would receive further debt relief if it implemented a series of reforms.
The ESM chief Klaus Regling has repeatedly stated over the past few months that Greece will not be facing any dangers from its debt for at least decade and via cheap loans from the EFSF, Greece can save more than 8.5 billion euros from its budget each year.
The Reuters report underlines that debt relief is not at the center of negotiations with Greece and that talks would begin after the troika completes its review of the current Greek program.
Meanwhile, government officials have clarified that the issue of debt relied “remains on the table” and argued that the Reuters report confirms the sustainability of the Greek debt.
