Greece wants a 2-3 year bailout

Greece wants two-part bailout deal

Yannis Koutsomitis reports that Greece is looking for a 3-month emergency bridge financing loan, followed by a 2-3 year bailout via the ESM.

That's the 'ask' but creditors will probably 'bid' with a one-month bridge and 2-year program with highly-conditional tranches.

The real work that remains to be done is on Greece's debt load, which has to be written down significantly. Discussions on that front have been slow going.