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Greece: Moscovici, creditors must keep debt relief promises

"Athens on right reform path"

25 July, 12:32
(ANSA) - TRIESTE - Greece's official creditors must keep up promises on debt relief agreed in a Eurogroup meeting in June, the Europe's Economics Commissioner Pierre Moscovici told reporters in Athens."The (debt relief) measures must be implemented at the end of the bailout programme, but the decisions can be taken before that", Moscovici said. "We must continue to work hard toward completing the programme".

The Commissioner added that he was confident Greece was "turning a page" from economic crisis and would successfully conclude the bailout programme, but he also urged Athens to keep up economic reforms.

Greece concluded a bailout review last month, paving the way for the disbursement of further funds after more reforms to its pension and tax systems.On Tuesday, after a three-year hiatus, it launched a return to bond markets, widely seen as a test run.

According to Moscovici, returning to bond markets "is an important first step". (ANSA).

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