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Greek Government Asks For Bailout Extension

Greece has said it would need as much as 15bn euros (£12bn; $19bn) if it were given a two-year extension to its bailout.

Finance Minister Yannis Stournaras told Reuters that the funding gap could be met without more aid from the eurozone.

Greece is trying to qualify for the next 33.5bn-euro instalment of its 130bn-euro bailout, which is backed by the IMF and the other 16 euro nations.

Source: BBC. Read full article. (link)

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