• Eurozone officials are considering to extend the current bailout until the end of October

Market news

22 May 2015

Eurozone officials are considering to extend the current bailout until the end of October

According to German newspaper Süddeutsche Zeitung, Eurozone officials are considering to extend the current bailout until the end of October. A decision on this matter will be taken at the beginning of next month.

This decision could allow Athens access to around €4 billion. Greece should reform its value-added tax system in exchange for this financial help. Reforms of the pension system and labour market will be postponed until the autumn.

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