Greece asks Europe for a loan extension

Written By limadu on Kamis, 19 Februari 2015 | 19.33

greece europe talks

Greece's current bailout program expires on February 28 and markets have been concerned that the country is going to run out of money and could exit the eurozone.

The country is shouldering a massive debt load after receiving around 240 billion euros ($273 billion) in aid since 2010. The Greek government has been trying to negotiate better debt terms but its requests have been broadly turned down.

No word yet on how creditors will respond to this latest request.

CNNMoney (London) February 19, 2015: 6:53 AM ET


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