This content is not available in your region

Ultimatum to Greece: request bailout extension by Friday

Ultimatum to Greece: request bailout extension by Friday
Text size Aa Aa

Talks between Greece and eurozone finance ministers over the country’s debt have broken down.

The talks had been expected to last late into the night but they collapsed in less than four hours.

Athens rejected calls to request for a six-month extension of its current bailout package.

Greece wants to scrap that existing package and instead agree on a “bridging program” to support its finances.

The Dutch finance minister, who chaired Monday’s meeting, said Athens had until Friday to request an extension to the current bailout or it will expire as planned at the end of this month.

The eurozone creditors would likely support an extension because it would buy more time for Greece to agree a lasting solution.

Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.