Greek bailout needs set at €82-86bn

GMT 17:14 2015 Sunday ,12 July

Arab Today, arab today Greek bailout needs set at €82-86bn

Greek Finance Minister Euclid Tsakalotos
Brussels - Arab Today

A new bailout for Greece could amount to between 82 and 86 billion euros, according to a eurozone document drafted Sunday and seen by AFP.

"The Eurogroup takes note of the possible programme financing needs of between EUR 82 and 86bn, as assessed by the institutions," said the document compiled by eurozone finance ministers.

The draft text was submitted to the 19 eurozone leaders who gathered at a emergency summit later Sunday, hoping to reach a reform-for-bailout deal needed to keep Greece in the single currency bloc.

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