Staff-level agreement on Greek review by Dec 5 'doable,' says Moscovici

European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Monday night that he believes a staff-level agreement with foreign creditors is "doable" before a December 5 meeting of eurozone finance ministers.

Speaking at the 27th Greek Economy Conference organized by the American-Hellenic Chamber of Commerce in Athens, Moscovici said that an agreement by next week's Eurogroup is crucial to paving the way for a discussion on Greek debt.

"My guess, my take, is that we are not so far away from this. That it is doable. That we can make it and that you can have a deal with all parties around the table," Moscovici said during his keynote speech at the event.

"To me this must be opening of a sequence that needs to lead to what I call a global deal about the Greek program," Moscovici said. "In my view that means completing a virtuous circle, where...