*** Greece proposes two-year rescue deal with EU | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Greece proposes two-year rescue deal with EU

Athens

Greece on Tuesday requested a two-year rescue deal with the European Union to save the crisis-hit country, just hours before its international bailout expires.

"The Greek government today proposed a two-year agreement with the European Stability Mechanism (ESM) to fully cover its financing needs and the simultaneous restructuring of debt," the prime minister's office said in a statement Tuesday.