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Greece offered five-month bailout extension: document

Published: 26 Jun 2015 - 04:27 pm | Last Updated: 12 Jan 2022 - 12:13 pm

 

 

Brussels---Greece's EU-IMF creditors have offered a five-month, 12-billion-euro ($13.4 billion) extension of the country's current bailout programme in return for the implementation of a raft of reforms, a proposal seen by AFP said on Friday.
The extension to Greece's massive 240 billion-euro bailout to the end of November would be the third since December and allow more time for heavily indebted Athens to negotiate future financing from its European partners.

AFP