Greece has this week to decide whether to extend bailout, says Dijsselbloem

The eurozone’s top official has effectively given Greece an ultimatum to request an extension to the country’s bailout program.

Greece has resisted an extension of the current program, which it wants scrapped, and has instead asked for a “bridging program” to support its finances.

Speaking after a meeting of the euros finance ministers wrapped up early, Jeroen Dijsselbloem says another meeting is possible this Friday but that it’s “up to the Greeks.”

He said a “positive outcome” is still possible if Greece asks for an extension of its current bailout program. Dijsselbloem insists there is “flexibility” in the current program and that an extension is “feasible.”