International creditors have asked Greece to prepare additional savings measures that would be passed into law as a type of last resort to make sure the country hits its fiscal targets.

If Greek bonds passed muster, Athens’ debt would be eligible for the European Central Bank’s expanded bond purchasing program; the country’s capital controls may be lifted and Greece would be on its way toward an eventual economic recovery, according to Morgan Stanley.

Related: Morgan Stanley Lifts Greek Stocks, Greece ETF

GREK could also benefit from additional monetary easing efforts by the European Central Bank as that central bank looks to keep a lid on the euro while stimulating economic activity, particularly in still fragile peripheral economies such as Greece.

ECB President Mario Draghi has previously signaled that the ECB could expand its quantitative-easing program to bolster growth and bring inflation back up, stating that the return of inflation to target is more important than the impact of ultra-low rates.

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