Livesquawk reporting headlines from Dow Jones which have also been picked up on the main WSJ wire now

  • Greece requests 3 year bailout program (was tipped to ask for 2 previously)
  • Promises to implement tax and pension reform
  • Plans to regain full market access after program
  • Will explore potential measures to make official sector debt more sustainable

Details are coming from a supposed document

The EU has cancelled its conference call today to await receipt of Greece's request