Greek flag
Media playback is unsupported on your device

Greece stand-off over bailout proposal

Greece is expected to request a six-month extension of its loan agreement on Wednesday, according to reports.

The loan would not be an extension of the current bailout agreement, which includes strict austerity measures, Greek government officials were quoted as saying.

On Monday night, Greece rejected a plan to extend its €240bn (£178bn) bailout, describing it as "absurd".

Mark Lowen reports.

  • 18 Feb 2015
Go to next video: Greece will do 'whatever it takes'