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.
(Market News Provided by FXstreet)