Margins of manoeuvre are possible on Greece’s debt - EU's Moscovici

FXStreet (Mumbai) - The European Union is prepared to consider possible "margins of manoeuvre" on Greece's debt, but Athens needed to respect promises, European Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici said on Friday, when discussing Monday's crucial Euro group meeting of EU finance ministers.

Key Quotes:

"I say that he (Alexis Tsipras) must respect promises and at the same time we are ready, we Europeans, to see what margins of manoeuvre are possible,"

"It's a meeting that will be difficult; it's a meeting that will be decisive,"

"We must find an agreement,"

"I am optimistic because I hope that we find such a deal, it is possible."