Greece’s bailout request has been passed onto European Commission and ECB

FXStreet (Córdoba) - Greece’s request for a third bailout has now been passed onto the European Commission and the European Central Bank (ECB), according to The Guardian.

Eurogroup president Jeroen Dijsselbloem wants institution to assess the risk Greece poses to the Eurozone stability, the sustainability of its public debt and actual or potential financial needs of Greece.

Meanwhile Luxembourg finance minister Gramegna said Eurogroup ministers will hold a conference call regarding Greece later today.