Euro Crisis: Greece request’s more time

The Greek government is to ask for the country’s debt reform plan to be relaxed during meetings with the French President Francois Hollande and the German Chancellor Angela Merkel.

According to documents obtained by the Financial Time it is expected that the Greek government will request a two-year delay with an additional cost of 20bn euros.

Due to meet with his fellow Eurozone leaders next week Greek Prime Minister Antonis Samaras is meeting with Luxembourg’s Prime Minister Jean-Claude Juncker in Athens.

Agreement with Paris and Germany would not be the only necessary step for Athens to have the terms relaxed as any plan would need to be approved by the International Monetary Fund.

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