Saturday, June 20, 2015

Greek debt crisis: Emergency EU summit due on Monday – BBC News

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Greek debt crisis: Emergency EU summit due on Monday

20 June 2015 Last updated at 15:18 BST

Greek State Minister Alekos Flambouraris has said new proposals will be put to creditors ahead of an emergency EU summit on Monday.

The summit comes amid attempts to prevent Greece defaulting on a €1.6bn (£1.1bn) IMF loan repayment.

If Greece fails to make the repayment, it risks having to leave the eurozone and possibly also the EU.

James Reynolds reports from Athens

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