SUBSCRIBERS

Greece to make aid request soon, says Dutch minister

Published Tue, Jul 7, 2015 · 09:50 PM

Brussels

GREECE will put its economic proposals in writing, in a first step towards restarting aid talks after the country's voters rejected austerity, Dutch Finance Minister Jeroen Dijsselbloem said on Tuesday.

Mr Dijsselbloem said his new Greek counterpart Euclid Tsakalotos had presented "no concrete measures today" despite demands for a reform plan, but added that a request to the EU's bailout fund was "imminent, possibly within the next few hours".

Euro-area finance chiefs will hold a conference call on Wednesday morning to discuss the request, Mr Dijsselbloem added. Agreement on the path forward lessens the risk that the European Central Bank (ECB) will pull the plug on Greek banks, which are bleeding ca…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here