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From Reuters:
Greece is asking its euro zone partners for an interim solution to its funding needs that would cover the rest of July while a long-term deal is sought, a Greek government official said on Monday.
Greek Debt Crisis 2015 | Reuters.com
It should be noted that Greece made a similar request for bridge financing that was rejected by the EU/ECB/IMF prior to Greece's abandoning the previous round of talks in favor of a referendum. Unless Greece begins the legislative process aimed at adopting at least some measures that demonstrate a willingness to engage in structural reform and/or offers a credible proposal beyond its request for bridge financing, it remains to be seen how the EU will treat this request.
Greece is asking its euro zone partners for an interim solution to its funding needs that would cover the rest of July while a long-term deal is sought, a Greek government official said on Monday.
Greek Debt Crisis 2015 | Reuters.com
It should be noted that Greece made a similar request for bridge financing that was rejected by the EU/ECB/IMF prior to Greece's abandoning the previous round of talks in favor of a referendum. Unless Greece begins the legislative process aimed at adopting at least some measures that demonstrate a willingness to engage in structural reform and/or offers a credible proposal beyond its request for bridge financing, it remains to be seen how the EU will treat this request.