On 24 February the Eurozone finance ministers approved the Greek government's list of economic reform proposals that was sent to Brussels late on Monday, fulfilling a condition of the previous week’s agreement to extend its internationally brokered bailout plan for four months.

The agreement to extend the deal with the “troika” of international lenders to the end of June is an about-face from Prime Minister Alexis Tsipras and Finance minister Yánis Varoufákis' campaign pledge to scrap the bailout entirely, but is expected to give Greece more freedom to propose its own fiscal and economic policies.

The proposals “appeared vague”, according to leaks cited in The Guardian, but both Greece and the EU appeared more concerned on reaching an agreement “that would then be finessed over the weeks and months to come”.

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