Greece has "basically achieved" the objectives of the reforms required by its creditors and its eurozone partners will begin discussing possible debt relief for the country, according to European Commission head Jean-Claude Juncker.


"We are now at the time of the first review of the programme (to aid Greece) and the objectives have been basically achieved," Juncker said in an interview to be published on Sunday in Funke Mediengruppe newspapers in Germany.


Juncker's comments come as Greek finance minister Euclid Tsakalotos Saturday called on his eurozone partners to back Greece's reform package of cuts worth 5.4 billion euros, and to put aside the creditors' call for 3.6 billion euros of additional measures.

"Any package in excess of 5.4 billion is bound to be seen by both Greek citiziens and economic agents, within and beyond Greece, as socially and economically counter-productive," he wrote in a letter to the Eurogroup.

See also German Vice Chancellor urges debt relief for Greece.

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