ATHENS, Feb. 17 (Xinhua) -- Greece will submit a request for a six-month extension of the bailout loan agreement on Wednesday, Greek national news agency AMNA reported on Tuesday evening.
The government's letter will be based to large degree on European Commission's proposals, the report said citing sources in Brussels close to the negotiations between Greece and its euro zone partners on the post- bailout cooperation.
According to the same sources, Athens aimed to distinguish the loan agreement from the four-year bailout program which the Left-led government has strongly rejected.
Greece was expected to request an extension to open the way for a new Eurogroup meeting on Friday after Monday's deadlock at the previous talks of euro zone finance ministers in Brussels. Its partners warned that time was running out and by the weekend a compromise should be reached.
BRUSSELS, Feb. 16 (Xinhua) -- Eurozone finance ministers were unable to reach a final agreement with Greek government on the bailout program on Monday, Eurogroup president Jeroen Dijsselbloem said at a press conference. Full story
ATHENS, Feb. 16 (Xinhua) -- Greek officials categorically rejected the prospect of submitting a request for the extension of the current bailout program on Monday after the latest Eurogroup meeting in Brussels over the Greek debt crisis ended in a deadlock.
"All Greeks together say no. We are not blackmailed. We have a popular mandate to take this to the end," Panos Kammenos, Defense Minister and leader of the Right-wing Independent Greeks junior partner in the Left-led ruling coalition said in Athens. Full story
BRUSSELS, Feb. 16 (Xinhua) -- The Eurogroup meeting ended one hour earlier without an agreement on Greece's debt issue after Greek authorities rejected a draft statement constructed by the Eurogroup, an EU official said Monday. Full story
