The Greek debt is manageable if the agreed reforms are fully implemented, responds European Stability Mechanism (ESM) after the leak of IMF's report underlining in parallel that there is no reason for scaremongering over the Greek debt.

US Treasury Secretary Jack Lew on Thursday in a meeting with Finance Minister Euclid Tsakalotos said that the Greek debt must be soon rendered sustainable.

Ever since the summer, the Eurogroup has been far more productive – it is now time to talk about debt relief in Greece. The Greek debt is so large and the economy is so unstable, it creates a big issue. We don’t want to get rid of debt – no financial hair-cuts, but we want to look at ways to relieve debt,” Jeroen Dijsselbloem, the head of Eurogroup stated yesterday from Oxford.