Economic Affairs Commissioner Pierre Moscovici issued a strict message that the third assessment is coming and that ... "pedalling [the bicyle]" - that is to say reforms - must continue to be implemented by Athens, where he is on a visit.

European Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici was highly critical of the stance Germany adopted during the May 22 EuroGroup on the Greek matter.

"Today's Eurogroup is important because everyone must be committed to agree on the parametres of a good agreement" for Greece, EU Commissioner Pierre Moscovici on Friday said upon his arrival at the Eurogroup held in Malta.