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Greece to Ask Eurogroup to Extend Bailout Program Due to Referendum

Sputnik International

Athens will ask the Eurogroup to prolong the Greek bailout program for several weeks as the country has to prepare for a referendum on the conditions of the... 27.06.2015, Sputnik International

2015-06-27T13:35+0000

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business, newsfeed, greece's gordian knot: syriza tackles austerity, greece, yanis varoufakis, eurogroup, international monetary fund

Greece to Ask Eurogroup to Extend Bailout Program Due to Referendum

13:35 GMT 27.06.2015

Ruined EU and Greek flags fly in tatters from a flag pole at a beach at Anavissos village, southwest of Athens, on Monday, March 16, 2015 - Sputnik International

Athens will ask the Eurogroup to prolong the Greek bailout program for several weeks as the country has to prepare for a referendum on the conditions of the debt deal with international creditors, Finance Minister Yanis Varoufakis said Saturday.

Eurogroup President Jeroen Dijsselbloem - Sputnik International

Greek Referendum ‘Closed Door’ on Talks With Int’l Creditors – Eurogroup

27 June 2015, 13:19 GMT

MOSCOW (Sputnik) – Athens will ask the Eurogroup to prolong the Greek bailout program for several weeks as the country has to prepare for a referendum on the conditions of the debt deal with international creditors, Finance Minister Yanis Varoufakis said Saturday.

The minister added that whether Greece would meet the June 30 deadline for its $1.7-billion debt payment to the International Monetary Fund (IMF) depends on the flexibility of the country’s creditors, Reuters news agency reported.