Monday, February 16, 2015

Greece has until Friday to request extension of the rescue … – Reuters

Greece has until Friday to request extension of the rescue … – Reuters


       

By Robin Emmott


       

BRUSSELS (Reuters) – Greece needs to request an extension of its international bailout this week, said Monday Jeroen Dijsselbloem, who chaired a meeting of finance ministers of the euro area .


       

“The general feeling in the Eurogroup is still the best way forward is that the Greek authorities request an extension of the program,” Dijsselbloem told a news conference.


       

“That would allow us to work on future arrangements … and allow the Greeks use the normal flexibility of a program change measures put other measures in place,” he said.


       

He added that the Eurogroup could accept a request for extension of part of Greece this week but not later.


        

       

(Reporting by writing in Brussels .; Writing In Madrid, editing by Tony Jimenez)

       
          © Thomson Reuters 2015 All rights reserved.

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