Greece does not yet satisfy the minimum rating requirement for eligibility for outright purchases under the PSPP. Under certain conditions, a waiver to these requirements can be granted. It also depends on political decisions and on the specific features of any potential credit line instrument that is being considered by the relevant European institutions, including the European Stability Mechanism (ESM).
His comment was born of good intentions: to facilitate the financing of SMEs. But there are other instruments available for that purpose. It would be useful if, once a year, the ministers of finance and economic affairs of the EU were to examine the impact of regulation on the financing of businesses.