The Athens Composite Index jumped 7 percent, hitting its highest level in two and a half months on opening, according to Reuters. It is now up 6.19 percent standing at 907.03.
Greece sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight, Reuters said, citing a source close to the European Commission. “This list is sufficiently comprehensive to be a valid starting point for a successful conclusion of the review,” according to the source. Such plans are a condition for extending Greece’s bailout program for an additional four months.
READ MORE: Greece, eurozone officials agree to extend bailout by 4 months
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