A document issued by the ESM back in 10-Aug-2015, outlines different options to reduce Greece’s large debt. A deal to reduce Greece’s debt burden could include capping interest payments, extending debt maturities and linking debt repayments to economic growth.

The discussion for the relief of the Greek debt is not a taboo, Eurogroup president Jeroen Dijesslbloem stated in an interview with the French newspaper Le Monde on Thursday noting that "progress have been made in the negotiations in the last days."