Greece Submits Formal Request for Eurozone Loan

World » SOUTHEAST EUROPE | July 8, 2015, Wednesday // 14:18
Bulgaria: Greece Submits Formal Request for Eurozone Loan Greek Prime Minister Alexis Tsipras prepares for his speech during the plenary session at the European Parliament in Strasbourg, France, 08 July 2015. Photo: EPA

Greece has submitted a formal request for a bailout loan from the special support fund of the eurozone - the European Stability Mechanism (ESM).

This was announced by a spokesperson of the ESM on Wednesday, daily Kathimerini reports.

The eurozone finance ministers will consider the application, which is formally addressed to the President of the Eurogroup Jeroen Dijsselbloem.

During his speech at the European Parliament earlier on Wednesday, Greek Prime Minister Alexis Tsipras said that Athens will present a detailed list of proposals within the next two days.

Tsipras once again reaffirmed his stance that the "no" vote at the Sunday referendum did not mean that Greece wanted to leave the eurozone or the EU.

European Council President Donald Tusk made it clear that a decision has to be reached within the next four days, setting out Sunday as the deadline for negotiating a deal. 

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

Southeast Europe » Be a reporter: Write and send your article
Tags: Jeroen Dijsselbloem, Eurogroup, ESM, loan, Eurozone, bailout, greece, Alexis Tsipras, Referendum, Donald Tusk
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria