8 Jul 2015
Greece requests a three-year loan program – Bloomberg
FXStreet (Mumbai) - As per the Bloomberg report, Greece has submitted a request for a three-year loan facility from the European Stability Mechanism (ESM).
It is being said that the Eurogroup conference will not be held today and the ESM request by Greece for medium term funding will be reviewed by the Eurogroup working committee. The ESM confirmed earlier today that it received a formal loan request from Greece.
It is being said that the Eurogroup conference will not be held today and the ESM request by Greece for medium term funding will be reviewed by the Eurogroup working committee. The ESM confirmed earlier today that it received a formal loan request from Greece.