BREAKING Greek Proposal Rejected

Greek Prime Minister Alexis Tsipras has just  said that creditors have rejected the Greek government’s latest proposal for a debt agreement.

Finance Ministers will gather later today in Brussels in an effort to reach a deal before Greece’s bailout expires. Tsipras is also flying to Brussels.

FT  photo from the eurozone-IMF pre-Tsipras meeting.

EU Commission President Jean-Claude Juncker (L), Economic Affairs Commissioner Pierre Moscovici (2L) and IMF Managing Director Christine Lagarde (R)

-RW


UPDATE

The Greek Prime Minister is not happy:

The repeated rejection of equivalent measures by certain institutions never occurred before-neither in Ireland nor Portugal. #Greece (1/2)

— Alexis Tsipras (@tsipras_eu) June 24, 2015