Greece proposes 2-year rescue deal with EU

GMT 13:56 2015 Tuesday ,30 June

Arab Today, arab today Greece proposes 2-year rescue deal with EU

European Stability Mechanism
Athens - Arab Today

Greece on Tuesday requested a two-year rescue deal with the European Union to save the crisis-hit country, just hours before its international bailout expires.

"The Greek government today proposed a two-year agreement with the European Stability Mechanism (ESM) to fully cover its financing needs and the simultaneous restructuring of debt," the prime minister's office said in a statement Tuesday.

 

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