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Greece must table new proposals tomorrow

───   06:56 Wed, 08 Jul 2015

Greece must table new proposals tomorrow | News Article

Athens - The eurozone has given Greece until tomorrow to present new proposals to secure a deal with creditors, and has called a full EU summit for Sunday.

European Council President Donald Tusk said this was now the "most critical moment in the history of the eurozone".
 
The eurozone had expected Greece to submit fresh plans yesterday after its voters rejected a deal in a referendum, but no new proposals were tabled. On Sunday, a meeting of all 28 members of the EU will be held - a day after the new Greek proposals are expected to be discussed by the eurozone finance ministers.
 
The BBC reports in Brussels, Greece has been given an ultimatum: either there will be a deal or Greece and its banks face the prospect of going bust on Monday.
 
Meanwhile, Greek Prime Minister Alexis Tsipras is due to address the European parliament in Strasbourg later today.
 
 
 

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