Location: Madison, AL 35758
Update to above post:
WSJ NEWS ALERT - just received within last hour
Eurozone Ministers Reject Greek Bailout Extension Request
Eurozone finance ministers rejected a Greek request for a one-month extension to its bailout program, officials said, setting off a period of high uncertainty for the country.
The decision means Greece's bailout program will expire on Tuesday and the country will likely default on its 1.55 billion euro ($1.73 billion) payment due to the International Monetary Fund the same day.