It's being reported that Greece is preparing to seek an extension of a loan agreement for up to six months.
After talks ended without resolution on Monday, the Syriza led government was given a deadline of Friday to agree to an aid package drawn up by the Eurozone.
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Reports this morning say the Greeks are now seeking to sign up to a temporary loan agreement – rather than a continuation of the existing bailout, which the government has said it does not want.
