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Live: EU's Tusk calls for Greek debt relief

AFP

Greece has until midnight to produce a set of reforms that can convince EU partners to release more bailout money and prevent the country's exit from the eurozone. Follow the latest on our liveblog.

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  • Greek Prime Minister Alexis Tsipras has vowed to present "credible" plans to seal more emergency loans from his exasperated European creditors ahead of a summit of all 28 EU leaders on the debt crisis on Sunday.
  • France has denied despatching a team to Athens to help Greek negotiators draft a comprehensive set of reforms. Paris said Wednesday it would do everything it could to avoid a "Grexit".
  • EU Council chief Donal Tusk has called for "credible proposals" on debt relief for Greece, a day after French and US officials threw their weight behind Greek debt restructuring.
  • The European Central Bank (ECB) has left emergency funding to Greece unchanged at 89 billion euros. Greece announced that its banks would remain closed until July 13.

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