European Mechanism Stability (ESM) Wednesday received the request from Greece for a third support program to three years, as confirmed by his spokesman.
“The ESM has received the Greek request,” said spokesman permanent bailout fund. . Although now not much is known of aid requested the government of Athens
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The initiative of Greece will be discussed this Wednesday at the technical level in a teleconference call Working Group of the Euro, said Michel Reijns, the spokesman for President Eurogroup Jeroen Dijsselbloem, in his official account of Twitter .
Reijns also said that on Wednesday finally will not be held a conference of ministers Economy and Finance of the euro area as planned at first.
Athens addressed a formal request to the head of the board of governors of the ESM, Dutchman Jeroen Dijsselbloem.
This application must now be examined by the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) to determine if it represents a risk to the euro area, debt sustainability and the specific needs of capital, according to European sources explained .
After this initial evaluation, and if you decide to open permanently the process for a third rescue, the proposal will return to the ESM that issues a MOU with the conditions involve aid, ie measures to be taken by Greece in exchange for support.
The Eurogroup or community leaders will then give its approval and national parliaments approve the program before that the first payment can be paid.
Next Saturday will be held in Brussels a new special meeting of the Eurogroup, and Sunday leaders EU and euro will meet on two consecutive peaks.
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