Alexis Tsipras

 Request sees bailout terms being set aside

Greece is set to submit Wednesday to the Eurogroup a request for a six-month extension to its loan agreement with its creditors, sources close to the negotiations between Athens and the eurozone told Kathimerini Tuesday.

Speaking with Prime Minister Alexis Tsipras at the Maximos Mansion just a few hours after he was named as the government?s candidate for president, former conservative Interior Minister Prokopis Pavlopoulos pledged to contribute his ?humble powers in the struggle to extract the country from the nightmarish crisis.?

Greek Prime Minister Alexis Tsipras will meet on Wednesday with both the Potami and PASOK party leaders, Theodorakis and Venizelos, respectively, in order to brief them on recent developments in talks with eurozone creditors.

By Yiannis Papadoyiannis

Wednesday?s meeting of the European Central Bank?s board is not expected to bring any nasty surprises for Greece in regard to the expected renewal of liquidity to Greek lenders via the Emergency Liquidity Assistance (ELA) mechanism of the Bank of Greece.

Greek Prime Minister Alexis Tsipras stressed the county’s need for unity during a meeting with his nominee for president, former minister Prokopis Pavlopoulos.

On his part, Pavlopoulos referred to common struggle in order for the country to exit the current impasse and regain hope.

By Eleni Varvitsioti

BRUSSELS - According to sources close to the discussions between Greece and the eurozone, the Greek government will submit a request to its lender on Wednesday for its loan agreement to be extended.

Intensive talks between the Greek side and the institutions are continuing.

Reuters and Dow Jones on Tuesday reported that Greece will ask for a bailout extension Wednesday. The news agency cited “sources”.

The report overturned the negative mood in US markets.

Outgoing President of Republic Karolos Papoulias will receive Prime Minister Alexis Tsipras on Wednesday at 12:00.

It should be noted that the vote for the election of the new President of Republic is to be held on Wednesday at 7.30 p.m.

Greek Prime Minister Alexis Tsipras announced Prokopis Pavlopoulos as the presidential candidate of the coalition government.

Pavlopoulos, who is a centre-right moderate, served as Interior Minister between 2004 and 2009 and was likely nominated for his criticism of the bailout agreement, daily Kathimerini reports.

European ministers raised the pressure on Greece to accept a last-minute debt deal on Tuesday as the radical leftist government in Athens remained defiant refusing ?blackmail? from Brussels.