Greece makes new proposal

Greece’s government has asked for a two-year bailout program from the European Stability Mechanism, according to a statement from the office of Prime Minister Alexis Tsipras.

The request is to cover all of the country’s financial needs for the next two years, along with a debt restructuring plan, the Greek government said in the statment.

The government will continue negotiations seeking a “viable agreement” within the euro zone, it said.

Source:

http://www.bloomberg.com/news/articles/2015-06-30/greek-pm-tsipras-asks-european-union-for-a-new-bailout-program

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