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EU Commission welcomes Greek list as ‘valid starting point’

A man buys seafood at a central food market in Athens, Monday, Feb. 23, 2015. Greece will present a list of proposed reforms to debt inspectors on Monday to get final approval for an extension to its rescue loans. But already the government was facing dissent within its ruling party over claims it is backtracking on its promise to ease budget cuts for the recession-battered Greeks. (AP Photo/Yorgos Karahalis) A man buys seafood at a central food market in Athens, Monday, Feb. 23, 2015. Greece will present a list of proposed reforms to debt inspectors on Monday to get final approval for an extension to its rescue loans. But already the government was facing dissent within its ruling party over claims it is backtracking on its promise to ease budget cuts for the recession-battered Greeks. (AP Photo/Yorgos Karahalis)

By Associated Press February 24, 2015 1 min read

BRUSSELS (AP) – An official at the European Union’s executive branch says that the list of Greek reform measures for final approval of the extended rescue loans “is sufficiently comprehensive to be a valid starting point.”

The official, who spoke on condition of anonymity because of the sensitivity of the negotiations, said Tuesday that the Commission was “notably encouraged by the strong commitment to combat tax evasion and corruption.”

Caught between its campaign pledges and pressure from creditors, Greece’s left-wing government delivered the list on the cusp of Monday night’s deadline.

Jeroen Dijsselbloem, the head of the eurogroup, told The Associated Press, that he received the list last night and that it was being assessed at the moment. A teleconference of the eurozone’s 19 finance ministers could take place later, he added.