Greece has formally requested an extension of its financial bailout

Greece has requested a bailout extension — (Image credit: Milos Bicanski/Getty Images)

The Greek government of Prime Minister Alexis Tsipras has submitted a request for the country's financial bailout package to be extended for six months, but the details of the proposal haven't been made public. Greece's refusal to extend the financial aid package under its current terms ended talks with eurozone finance ministers on Monday. European officials will meet to discuss the Greek request on Thursday, then the Eurogroup — eurozone finance ministers — is expected to meet on Friday. The Tsipras government insists it won't sign on to an extension of the reforms and austerity measures dictated by the expiring agreement.

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Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.