Eurogroup talks on Greece delayed to 1530 GMT: Spokesman

Eurozone finance ministers will resume talks on the Greek crisis on Wednesday later than planned after declining the country`s request for a two-year financial aid package, a spokesman said.

Eurogroup talks on Greece delayed to 1530 GMT: Spokesman

Eurozone finance ministers will resume talks on the Greek crisis on Wednesday later than planned after declining the country`s request for a two-year financial aid package, a spokesman said.

"At the request of several ministers today`s Eurogroup teleconference will start at 5:30pm (1530 GMT)," the spokesman for Eurogroup head Jeroen Dijsselbloem said on Twitter, postponing the talks from 0930 GMT.

The ministers will further discuss Greece`s request for a new bailout package to avoid pushing it further towards an exit from the eurozone.

Greece on Tuesday failed to make a 1.5 billion euro ($1.7 billion) payment to the International Monetary Fund, becoming the first industrialised country to default to the organisation.

On the same day, the international bailout keeping its economy afloat formally expired.

Greece has requested a further 29.1 billion euros from the European Stability Mechanism (ESM) to "fully cover its financing needs and the simultaneous restructuring of debt" for the next two years, according to the office of Prime Minister Alexis Tsipras.

Greek officials have indicated they would be willing to suspend a referendum planned for Sunday on the reforms demanded by creditors if Wednesday`s talks produce an eleventh-hour agreement on the new funding request.

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