Greece Loan Extension Revives Wrangling Over Aid Terms
Germany Rejects Greek Extension Proposal
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Greece’s government submitted a request to its euro-area creditors to extend the availability of bailout funds for six months in a last-ditch effort to avert a cash crunch.
Jeroen Dijsselbloem, who chairs meetings of the 19 euro-area finance ministers, confirmed on Twitter that the group had received the request. Euro-area officials are scheduled to assess the Greek proposal later Thursday. If they see room for an agreement, the currency bloc’s finance ministers will discuss it on Friday.