Moscovici sees eonomic improvement upon agreement

The Commissioner said that the most modest estimates of the Commission are based on the fact that an agreement between the Greek authorities and the institutions have not yet been reached.

Moreover, Moscovici noted that when an agreement is reached, Greece's economic prospects will get better adding that whatever solution for Greece should be based on four pylons: the respect to the general elections' results, Greece's compliance to the commitments to its lenders, the remaining in the eurozone and the invigoration of the development.

Moscovici also said that he will discuss all these matters at his meeting with Greek Finance Minister Yanis Varoufakis on Tuesday in Brussels noting that a number of Greek economic officials are currently in Frankfurt.