Eurozone Said to Be Nearing Accord on Four-Month Extension of Greece Bailout

EU | February 20, 2015, Friday // 21:58|  views

German Finance Minister Wolfgang Schaeuble (L) speaks with IMF Managing Director Christine Lagarde (R) during a special Eurogroup meeting of Finance Ministers on Greece, Brssels, 20 january 2015. Photo EPA/BGNES

Finance ministers from the 19 eurozone member states were discussing a potential four-month extension for Greece’s bailout programme at an emergency meeting in Brussels on Friday night.

The WSJ quoted a Greek official as saying there was a “broad consensus” on a common statement by finance ministers.

The draft statement foresees a four-month extension to Greece’s bailout from the eurozone, short of the six-month period initially requested by Greece earlier this week.

The blueprint was still being discussed by all eurozone ministers and could change, according to officials close to the talks.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Tags: Brussels, greece, bailout, Accord, rescue, Eurozone


» Related Articles: