GREECE and its creditors continued talks through the weekend on reforms to unlock loans and Athens sounded an upbeat tone, but the lenders said it could take several more days before a proper list of measures was ready.

    Greece will run out of money by April 20 if it does not secure funding from its European partners, a source familiar with the matter told Reuters last week.

    To get more cash, Greece has promised a list of reforms to make its economy competitive and public finances sustainable.

    They are to be scrutinized by the European Commission, the International Monetary Fund and the European Central Bank before being presented to eurozone finance ministers, the Eurogroup, for approval that would pave the way for new lending.

    Athens has said it sent a reform list Friday. The measures are meant to raise 3 billion euros (US$3.9 billion) and exclude “recessionary measures” such as wage and pension cuts.

    But creditors said the list was more a collection of ideas than something that could be presented to the Eurogroup.

    “Greece did not submit a reform list Friday. They just showed some ideas over the weekend. The discussions from Friday to Sunday were meant to help the Greeks prepare a list for tomorrow,” one senior eurozone official said.

    “We still look forward to receiving something Monday,” the official said. In their current form, the Greek ideas were not specific enough to win the approval of lenders.

    “As they stand, they lack detail and much more technical work will be needed for them to flesh them out into something sufficiently comprehensive and credible to be put to the Eurogroup,” a second eurozone official said.

    Asked how long that work might take, the official said: “I would guess several more days. It would not be in Greece’s interest to submit something which is not going to fly. (SD-Agencies)