GREECE FACES 'FINAL DEADLINE' FOR PROPOSALS


Retirees talk to bank staff as they line up to collect their pensions outside a National Bank of Greece branch in Athens — a scene that will grow even more desperate in the days ahead if no deal is reached. Source: Getty
Retirees talk to bank staff as they line up to collect their pensions outside a National Bank of Greece branch in Athens — a scene that will grow even more desperate in the days ahead if no deal is reached. 
They’re hoping for the best … but preparing for the worst. EU leaders say they have a Grexit plan in place if Athens fails to reach an agreement with creditors. Prime Minister Alexis Tsipras, who urged his European counterparts today to “not let Europe be divided,” has until Thursday to offer a final reform proposal, and European Council President Donald Tusk pointed to the critical moment in eurozone history. EU leaders will hold a summit on Sunday, and if no deal is secured, Greek banks will likely go bust next Monday.

DW, BBC

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