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Greek Reforms List Under Brussels Group Microscope

Brussels Group
The reforms list presented by the Greek government is currently being examined by the Brussels Group, as part of the negotiations between Greece and its lenders.
The Greek side hopes that an agreement will be reached within the week, so that the issue can then be discussed on a transnational level, firstly in the Euro Working Group and then at the Eurogroup meeting. In case of an agreement it would mean that Greece will be able to disburse the installment provided in the loan agreement.
However, community agents estimate that there will be no positive outcome this week. According to Greek TV broadcaster MEGA, the Brussels Group has to review many files, therefore it is possible to reach an agreement but not this week, although such a scenario has not yet been completely excluded.
However, there are also rumors that European officials are disappointed with the Greek reforms list. According to Greek newspaper TO VIMA, the Greek proposals are not being well received.
Furthermore, on March 27 the Greek Prime Minister received an evaluation by Fitch Ratings downgrading Greece from B to CCC.
This negative outcome, however, would explain why Greek Finance Minister Yannis Varoufakis has been talking about a conflict between the two parties.
The Greek delegation, participating in the consultations, consists of the Economic Advisors Council President Giorgos Chouliarakis, General Secretary of Fiscal Policy Nikos Theocharakis and Yanis Varoufakis’ advisor, Elena Panariti.

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