Chief Executive Officer of the European Financial Stability Facility and Managing Director of the European Stability Mechanism Klaus Regling said today that Greece has yet to present a comprehensive list of reforms, leaving open the possibility of further financial aid to the Mediterranean country.

In an interview with Portuguese newspaper Diario de Noticias, the ESM head noted that “Greece will need further aid to repay its debt.”

“Access to the markets is not available at the moment, but before considering any additional assistance, European partners will want to see a detailed, comprehensive list of reforms. A list that is reliable enough to guarantee that after some time Greece will be able to return to a sustainable situation, the way Ireland and Portugal did. We have yet to receive such a list,” the EU official stressed.

The ESM head, however, declined to refer to the “numbers” of the Greek economy saying that “the institutions are still assessing the current situation” and that only when the exact financing gap is determined will Europe be able to talk about specific numbers.

In any case, Klaus Regling expressed hope there will be some progress soon in Greece because liquidity buffers are becoming clearly very, very small.