Greek Government Asks For Bailout Extension
Has struggled to meet conditions so far
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.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?