Creditors offer Greece five-month bailout extension
Greece’s creditors have proposed a five-month bailout programme extension and €15.5 billion of funding to resolve a stand-off with Prime Minister Alexis Tsipras’s government, said a European official.
The proposal by Greece’s three creditor institutions - the International Monetary Fund, the European Central Bank and the European Commission - would extend Greece’s bailout programme through November, the official told reporters in Brussels, asking not to named because negotiations are ongoing.
The proposal is dependent upon the Greek...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply