The solution of Greece’s debt relief issue lies solely in the hands of the euro zone member states, said European Commissioner for Financial Affairs Pierre Moscovici.
The commissioner’s statement came as a response to a request tabled by 36 European Parliament Members who asked for quick debt-easing measures.
In his letter, a copy of which was accessed by the French Press Agency (AFP) on Friday evening, Moskovici recalled that in May the Eurogroup had pledged a series of measures to ease the Greek debt, after Athens had fulfilled its commitments to implement the reforms required by the bailout program.
“I would like to point out that the euro zone member states, the sole creditors of the support programs, are responsible for taking this decision,” the commissioner said.
“It is up to them to assume the responsibility under the policy agreement,” Moskovici added.
“I look forward therefore to start this process in the autumn. The ball is clearly in their own court,” the Moskovici said, assuring that the commission “will support this crucial process for Greece and the euro zone.”
However, Germany — Greece’s biggest lender — resists debt relief for Greece at present time in view of the country’s 2017 election, as the majority of the German public do not see further aid to Greece favorably.
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