The new Greek government cleared one of its final hurdles to extending its €172bn bailout for another four months when eurozone finance ministers on Tuesday approved a list of economic reforms Athens had pledged to implement.
However, in a sign that Greece’s financial future remains far from secure, two of the three institutions responsible for monitoring its bailout expressed strong reservations about the new Greek plan.
The International Monetary Fund and European Central Bank complained that the six-page list of reforms presented by Yanis Varoufakis, Greek finance minister, failed to adhere to the current programme, as Athens had promised last week.