By Alasdair Sandford | With REUTERS
The Greek request on Tuesday for a new bailout from the eurozone took the Eurogroup by surprise.
A planned conference call was put back from Wednesday morning till late afternoon.
The Eurogroup will consider Athens’ request for a new bailout of
29.1 billion euros from the eurozone’s 500 billion euro rescue fund
known as the European Stability Mechanism (ESM).
Some eurozone finance ministers are thought to be hostile to agreeing a new bailout when Greece could not accept the terms of the last offer.
Full article and video available here: Eurogroup to Consider Bailout Request
Source: Euronews
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