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  • European Commission considers Varoufakis list “sufficient”

    The Greek government sent its list of proposed reforms on Tuesday morning to Brussels, with the European Commission…

    The Greek government sent its list of proposed reforms on Tuesday morning to Brussels, with the European Commission considering them to be “sufficient”, according to a report in Bild.

    According to the German newspaper’s unnamed source from the European Commission, «we particularly encouraged by the strong commitment to combat tax evasion and corruption«.

    Furthermore, the European Commission spokesman Margaritis Schinas announced that the list of reforms was received on time.

    Meanwhile a report in the online edition of Handelsblatt reveals that the German Minister of Finances Wolfgang Schäuble submitted an application for the extension of the Greek program at the German federal parliament late on Monday evening.

    The accompanying letter notes how the application is submitted under the condition that the Greek government’s list of reforms to be send for review by the European Union, European Central Bank and International Monetary Fund will be accepted, in order to complete the review of the current program.

    Mr. Schäuble also stresses that concessions made by the Greek government and speaks of a close cooperation with Greek authorities that aim to promote growth and employment.

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