Rolling coverage as Greece receives a bailout proposal from its lenders, prime minister Tsipras heads to Brussels, and the ECB holds its monthly meeting 7.56am BST Good morning. It’s going to be a big day for Greece, and the eurozone.Efforts to agree a package of economic reforms will step up another gear, as Greece’s three main creditors submit their proposal to break the deadlock.The Greek prime minister, Alexis Tsipras, will be presented with what is expected to be a take-it-or-leave-it plan on Wednesday after five months of drama-filled negotiations to keep his debt-stricken country afloat.“It covers all key policy areas and reflects the discussions of recent weeks,” a senior EU official said on Tuesday. “It will be discussed with Tsipras tomorrow.”“The prime minister will be in Brussels tomorrow with the Greek proposal in his luggage.” Related: Alexis Tsipras to face take-it-or-leave-it ultimatum from lenders over debt offer Not sure everyone in Athens agrees #Greece pic.twitter.com/g0lIbINc7zToday sees the release of Eurozone, UK, US Services PMI, ECB Rate Decision, US ADP Employment Change, Trade Balance, ISM Non-Manf., DoEs! Continue reading...
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