EuroWorking Group meeting underway; Eurogroup at 16.00
The Euro Working Group meeting is currently underway to examine the Greek proposal for a new loan programme.
The Finance Ministers of the eurozone will meet at 16:00 (Athens time) to decide if they will start deliberations for a new support programme to Greece from the European Stability Fund (ESM).
According to a European official, the Greek proposal constitutes a "negotiation basis for a new support programme".
European sources said to ANA-MPA that the institutions estimate that Greece will need 78 to 84 bln euros from the ESM for the next 3 years.
