Alexis Tsipras will accept all the bailout creditors’ conditions that were on the table last weekend with only a handful of minor changes, according to a letter the Greek prime minister sent late on Tuesday night.
The two-page letter, sent to the heads of the European Commission, International Monetary Fund and European Central Bank and obtained by the Financial Times, elaborates on Tuesday’s surprise request for an extension of Greece’s now-expired bailout and for a new, third €29.1bn rescue.
It was sent as eurozone central bankers were preparing on Wednesday to raise the heat on Greece and its banks by restricting their access to emergency loans, a decision that could topple at least one Greek bank.
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