Factbox - Timeline to negotiations on new Greek bailout


  • World
  • Thursday, 02 Jul 2015

International Monetary Fund (IMF) Managing Director Christine Lagarde arrives at a Eurozone finance ministers emergency meeting on the situation in Greece in Brussels, Belgium June 27, 2015. REUTERS/Yves Herman

BRUSSELS (Reuters) - Euro zone finance ministers in the Eurogroup discussed a Greek application for a new conditional loan package on a conference call on Wednesday, EU officials said, but decided to freeze talks until after Sunday's referendum.

Two letters from Prime Minister Alexis Tsipras to creditors on Tuesday came too late to secure an extension to the previous bailout which expired at midnight (2300 BST), just as Greece defaulted on a 1.6 billion euro (1 billion pound) debt repayment to the IMF.

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