Jeroen Dijsselbloem

Eurogroup President Mario Centon said on Thursday he is optimistic that eurozone's finance ministers will produce a debt relief package for Greece that will make it sustainable in the future.

A senior European Union official on Tuesday expressed optimism that a Eurogroup meeting on Thursday will reach a comprehensive agreement on the completion of Greece's fourth program review, debt relief and post-bailout supervision.

EU Economics Commissioner Pierre Moscovici on Tuesday urged eurozone's finance ministers to take the decisions required to conclude Greece's third bailout program in their next meeting on Thursday.

"This is a vital week for Greece: Thursday's Eurogroup must take the decisions necessary to ensure a successful conclusion of the ESM program," he said in a series of tweets.

What Greece needs in order to gain full access to the money markets is debt relief through significant, front-loaded measures that will enhance confidence in the local economy, European Commissioner for Economic and Monetary Affairs Pierre Moscovici told Kathimerini in an interview published on Tuesday.

What Greece needs in order to gain full access to the money markets is debt relief through significant, front-heavy measures that will enhance confidence in the local economy, European Commissioner for Economic and Monetary Affairs Pierre Moscovici told Kathimerini in an interview published on Tuesday.

The International Monetary Fund will remain engaged in Greece in some form, which will most likely become clearer after a June 21 meeting of the Eurogroup of eurozone finance ministers, IMF chief Christine Lagarde said on Monday.

"We are considering all the options," Lagarde told a news conference with chiefs of other leading economic organizations in Berlin.

Greece has corrected many of the structural imbalances that made it a "special case" within the euro zone, and is ready to take charge of its economic decisions when its bailout ends in August, the chairman of the group of finance ministers of the eurozone said on Monday.

"Greece is a different country today," Mario Centeno told a conference in Lisbon.

A draft bill submitted to parliament late on Friday outlines reforms in the energy, pension and labor sectors as the government races to secure the last loans from its international bailout program.

German Chancellor Angela Merkel has ruled out a possible alleviation of Italy's credit burden and, in an interview with the German newspaper Frankfurter Allgemeine Sonntagszeitung, she explained that the principle of solidarity between Eurozone members should not transform the currency union into a debt-sharing instrument, Reuters , quoted by Focus.

Eurozone finance ministers meeting in Brussels on Thursday vowed a comprehensive agreement for Greece's debt by June 21 when the Eurogroup meets and is expected to announce the successful completion of the country's final bailout review, the Finance Ministry in Athens said.