The so-called Brussels Group is set to receive a list of reforms submitted by the leftist Greek government to the EuroWorking Group, with a final decision taken by FinMins at the Eurogroup next week. If approved in total, the increasingly cash-strapped government can expect the disbursement of a 7.2-billion-euro tranche.

Associates of Greek FinMin Yanis Varoufakis arrived late Friday in Brussels to once again table a set of reforms, as the previous attempts proved fruitless.

One goal is to increase tax revenues by three billion euros in 2015, but not from wage cuts, pensions reductions or eliminating pension lump sums.

According to the same sources, the list of reforms does not include any “recession-generating” measures, with the leftist government promising eurozone partners, the markets and anyone that will listen that its latest reforms aim to “reboot the Greek economy”.

Targets include a figure of 1.5% of GDP for a 2015 primary surplus, and, even more ambitious a target of … 1.4% GDP growth for 2015! Essentially, that means nine months of economic growth until end of December at rates to outweigh the projected slide in GDP during January-March 2015 period!