ECONOMY

Greece files formal request for eurozone loan

greece-files-formal-request-for-eurozone-loan

Greece has lodged a formal request for a bailout loan with the eurozone's special support fund, a spokesman for the European Stability Mechanism (ESM) said on Wednesday.

"The ESM has received the Greek request,” he said.

The Eurogroup of finance ministers is due to consider the application, which is formally addressed to its chairman Jeroen Dijsselbloem, in a conference call on Wednesday. [Reuters]