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Greece can get 7.2 billion euros of new loans from the eurozone and the IMF if it implements reforms that the previous government agreed would be the condition for disbursement.

The new government does not want to implement most of these measures because they go against its election promises of ending budget consolidation policies. It is now negotiating a new list of steps that would keep both sides satisfied.

The Greek representative on the call said that a deal on the reforms should not be a “post mortem” for the country as “there is no way we can go beyond April 9th,” euro zone officials said.

He added that holding off with new loans until a deal with creditors can be reached was unrealistic.

But others on the call, including Germany, reiterated that for Greece to get the reminder of the 240 billion euro bailout, Athens would have to agree on the reforms and implement them and there was no chance of releasing the funds on April 9.

Eurozone officials pointed out to Greece that it could manage its liquidity by tapping funds of various entities in the Greek general government and those of state-owned companies, even if it had to pass appropriate laws to do so if necessary.

But Greece repeated that this would not be enough to cover both the IMF repayments and its wage and pension obligations in April after next week.

No resolution was reached on the call regarding what would happen if the talks continue beyond April 9.

NEW REFORM LIST FAR FROM SATISFACTORY