SYRIZA MEP Dimitris Papadimoulis asked EU Commissioner Pierre Moscovici and European Commission Vice-President Valdis Dombrovskis on primary surpluses and whether the ESM is considering purchasing the IMF loans.

Mr. Dombrovskis said that he hoped the program review would be concluded in the next days so that the next loan tranche will be disbursed in the following weeks and explained that 7.5 billion euros out of the total of 10.3 billion euros will be disbursed immediately, while the rest will be disbursed in sub-tranches.

As for the purchase of IMF loans, he admitted that this was discussed at the Eurogroup and is one of the medium-term measures for the existing, official IMF loans.

Regarding the primary surplus target, he said that the creditors do not intend to keep it at 3.8 percent after 2018. “The percentage will be gradually reduced so that the public debt will meet our targets.”

On his part, Moscovici said that the at least 95 percent of the reforms have already been approved by the Greek parliament adding that the decision on the disbursement of the loan tranche will probably be taken next week. He also stated that “The discussion on debt relief will begin after the end of the summer” and that “A year ago we were discussing about the possibility of a Grexit. This is not an issue any more.”