Greece has submitted seven reforms to the Eurogroup, which is meeting today (Monday) in Brussels so that the debate on the reform proposals can start, according to government sources, a procedure that is expected to change the climate and the ECB's decisions.

A prolonged period of consultation and negotiation with our partners without any clear result and time of completion, and, if there were any maximalistic demands, not taking into account what the creditors' side could give or any unilateral actions, raises the risk of not only creating a funding problem for the country but of derailing the economy, Greek Finance Minister Gikas Hardouvelis said on Tuesday.