Greek prime minister prepares last-ditch offer to avoid default on debts

[unhappycamper]

http://www.theguardian.com/world/2015/jun/20/alexis-tsipras-last-ditch-offer-eu-greece-debt-crisis



Flurry of behind-the-scenes negotiations before European Union summit on Monday that could decide Greece’s fate

Greek prime minister prepares last-ditch offer to avoid default on debts
Helena Smith in Athens
Sunday 21 June 2015 03.33 EDT

The race to save Greece from economic collapse has intensified as the country’s beleaguered leader conducted a flurry of behind-the-scenes negotiations before an EU summit on Monday that is expected to decide the country’s fate.

Alexis Tsipras, the prime minister, met senior officials on Saturday in an attempt to devise a package of reforms that would secure emergency funds and avoid the nation defaulting on its massive debts. It will be the third such proposal that Athens has made to its creditors in as many weeks.

“We will try to supplement our proposal so that we get closer to a solution,” Greece’s minister of state, Alekos Flabouraris, told broadcaster Mega TV. “We are not going [to the summit] with the old proposal. Some work is being done to see where we can converge, so that we achieve a mutually beneficial solution.”

Flabouraris, widely seen as a mentor to the young prime minister, said Tsipras would hold crucial talks with the head of the European commission, Jean-Claude Juncker. The Greek cabinet will meet in an emergency session on Sunday with Tsipras also dispatching senior officials to Brussels.

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Other Greek headlines I've collected today (so far):


(greece) (Greek PM faces tough choices as crisis summits loom) http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_20/06/2015_551295
--> (Athens says Europe 'doesn't need IMF' on eve of crunch summit) http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_21/06/2015_551307
--> (Greek opposition leaders appeal to PM to compromise ) http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_21/06/2015_551305
--> ( Morgan Stanley CEO expects Greece to stay in eurozone ) http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_21/06/2015_551310
--> (Amid fears of Greek controls, Cyprus shows restrictions are bearable) http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_21/06/2015_551308
--> (Greece's long-term unemployed seek the tools to cope) http://www.ekathimerini.com/4dcgi/_w_articles_wsite6_1_19/06/2015_551078
#--< http://www.theguardian.com/world/2015/jun/20/greece-debt-crisis-athens-austerity
--> http://www.theguardian.com/world/2015/jun/20/alexis-tsipras-last-ditch-offer-eu-greece-debt-crisis