BRUSSELS (Sputnik) — The source added that there has been no discussion of the volume of the new loans that Greece might get under the European Stability Mechanism (ESM) lending program either.
He also said that after the Eurogroup receives an official request for new loans from Athens, it will initiate the assessment of the country’s finances and state debt. This assessment, according to the source, will be conducted in a very speedy manner and is likely to only take one day.
On Tuesday, Finnish Finance Minister Alexander Stubb told journalists that Greece could send a new formal request for the European Stability Mechanism lending program later in the day.
Greece's overall debt stands at about $350 billion, of which $270 billion is owed to the European Central Bank, the International Monetary Fund and eurozone countries.
Athens has until Friday morning to present proposals to the lenders on how to resolve the Greek debt.
