Eurogroup conference call ends, extension of Greek programme not possible

FXStreet (Córdoba) – Eurozone finance ministers finished their teleconference call. Tweets from Finland’s FinMin, Alex Stubb, suggest Greece’s request for short bailout extension was rejected.

“#Eurogroups ends. Letter of @tsipras_eu includes three requests. Extension of programme or haircut not possible…cont…” @alexstubb

“…request for ESM-programme is always dealt with through normal procedures” @alexstubb

According to media reports, Eurozone finance ministers are likely to speak again tomorrow.

Meanwhile, Eurogroup head Jeroen Dijsselbloem said institutions will debate the request for a third bailout program only following the referendum but warns new aid package for Greece may have tougher conditions.

Eurozone finance ministers finished their teleconference call. Tweets from Finland’s FinMin, Alex Stubb, suggest Greece’s request for short bailout extension was rejected.

(Market News Provided by FXstreet)