EU's Juncker says Greek leader has promised reform proposals early next week at latest

European Commission President Jean-Claude Juncker, right, bumps fists with an unidentified MEP during a plenary session at the European Parliament on Wednesday, March 25, 2015. The Energy Union, relations with Russia and the situation in Ukraine are up for a debate with the Commission and the Council on the conclusions of the March European Council. (AP Photo/Virginia Mayo) (The Associated Press)

European Commission President Jean-Claude Juncker, right, speaks with European Council President Donald Tusk during a plenary session at the European Parliament on Wednesday, March 25, 2015. The Energy Union, relations with Russia and the situation in Ukraine are up for a debate with the Commission and the Council on the conclusions of the March European Council. (AP Photo/Virginia Mayo) (The Associated Press)

European Commission President Jean-Claude Juncker, front second right, stands with MEP's during a minute of silence at the European Parliament in Brussels on Wednesday, March 25, 2015. The commemoration was held for the victims that died Tuesday in the Germanwings plane crash in the French Alps on the way from Barcelona, Spain to Duesseldorf in Germany. (AP Photo/Virginia Mayo) (The Associated Press)

European Commission President Jean-Claude Juncker says the Greek government is to present no later than early next week the reform plans that are key to unlocking urgently needed rescue funds.

Addressing a plenary of the European Parliament on Wednesday, Juncker said Greek Prime Minister Alexis Tsipras had told him he was "ready to present his reforms by the end of this week, beginning of next week."

The long-awaited reform plans would then set off a furious schedule of meetings culminating in negotiations between the finance ministers of the 19 euro nations, who would decide if or when to unlock the funds for Greece.

European leaders have become increasingly exasperated by what many see as foot-dragging on the part of Tsipras' government.