Arriving to Eurogroup meeting, European Commissioner Pierre Moscovici told reporters that EC believes Greece has achieved a lot and that the pension reforms and income tax reforms voted yesterday are “very important steps.

“We should today recognise that this effort has have been taken…. It represents a very strong amount of measures – and with that, Greece will be on this way to recover growth.”

He also added that “we’re on the right path” in talks about the additional contingency measures which lenders are demanding.

He also admits that the issue of debt relief is “a question mostly for the member states” and stressed that the discussion on the Greek debt will start if Greece proceeds to reforms.