IMF confirms receiving request from Greece for new loan
The International Monetary Fund said on Friday it had received a letter from Greece seeking a loan facility.business Updated: Jul 25, 2015 09:46 IST
The International Monetary Fund said on Friday it had received a letter from Greece seeking a loan facility.
"We will discuss with the Greek authorities and with our European partners the timing and the modalities for the discussions," the IMF added in a short statement.
The Greek finance ministry said earlier on Friday that Greece had formally submitted a request to the IMF for the new loan facility.
Greece is due to begin talks with European Union and IMF lenders on a new bailout deal. The extent of the IMF's participation has remained unclear once its current program expires next year.
First Published: Jul 25, 2015 09:43 IST