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Greece to hurry reform proposals for EU loans: minister

Greek Finance Minister Yanis Varoufakis, shown February 20, 2015, says the state will speed up its reform proposals to its international creditors to unlock vital loansGreece will speed up its reform proposals to its international creditors to unlock vital loans, its finance minister said Tuesday. “(On March 9) I will submit a folder of six proposals and discuss with our peers which ones can be implemented immediately,” Finance Minister Yanis Varoufakis told Star TV in an interview. Greece’s new radical government has until April to present reform proposals to its EU-IMF creditors in order to win approval for its plans for a four-year economic recovery blueprint. Until an agreement is reached, Athens has no access to funds remaining in its 240-billion euro ($272-billion) EU-IMF bailout.

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