Humanitarian Aid for Greece, Volume of New Loans Not Discussed at EU Summit

© REUTERS / Yannis BehrakisProtesters wave Greek and EU flags during a pro-Euro rally in front of the parliament building, in Athens, Greece, June 30, 2015
Protesters wave Greek and EU flags during a pro-Euro rally in front of the parliament building, in Athens, Greece, June 30, 2015 - Sputnik International
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The question of providing Greece with humanitarian aid was not discussed during the Tuesday Eurozone summit, an EU diplomatic source told reports.

BRUSSELS (Sputnik) — The source added that there has been no discussion of the volume of the new loans that Greece might get under the European Stability Mechanism (ESM) lending program either.

Members of the European Parliament take part in a voting session on May 19, 2015, in the European Parliament in Strasbourg, eastern France - Sputnik International
Eurogroup Likely to Resume Loan Talks With Greece Following Summit - Source
He also said that after the Eurogroup receives an official request for new loans from Athens, it will initiate the assessment of the country’s finances and state debt. This assessment, according to the source, will be conducted in a very speedy manner and is likely to only take one day.

On Tuesday, Finnish Finance Minister Alexander Stubb told journalists that Greece could send a new formal request for the European Stability Mechanism lending program later in the day.

Greece's overall debt stands at about $350 billion, of which $270 billion is owed to the European Central Bank, the International Monetary Fund and eurozone countries.

Athens has until Friday morning to present proposals to the lenders on how to resolve the Greek debt.

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