Greece must produce a detailed economic package by midnight to convince European leaders to discuss a third bailout and keep it the euro.Tusk: Creditors must address debt sustainabilityIntroduction: Today’s deadline can’t whoosh byDraghi: This time it’s really difficultFrench officials are helping Greece€12bn of fresh austerity?Athens stock market to stay closed till Monday 11.20am BST Luxembourg’s PM, Xavier Bettel, says that he will speak with Tsipras later today to push him to deliver ‘serious’ proposals.Luxembourg's Bettel, at presser with Tusk, says he'll call Tsipras today to urge 'serious' proposalsWe have had months of goodwill. we now need proposals. 11.18am BST Donald Tusk, EC president, says we have just three days to tackle the Greek crisis.Speaking in Luxembourg, Tusk says that Greece remains the most pressing issue for Europe. We stand ready to do whatever is necessary to protect the stability of the euro area.Otherwise we will continue the lethargic dance that we have been dancing for the last five months. Continue reading...
