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Greece PM Tsipras to present new plan at eurozone summit

From bbc.com

Greek Prime Minister Alexis Tsipras is expected to present new proposals at a Eurozone emergency summit on his country's growing debt crisis. The plan is said to include a demand for Greece's debt to be cut by up to 30%, after voters rejected the terms of an international bailout on Sunday. Athens has been urged to make "serious" proposals as Greece faces the risk of default on its $331bn (£213bn) debt. Greece's banks are to stay closed on Tuesday and Wednesday. Minute-by-minute updates Nervous and worried Eurozone finance ministers will begin their meeting in Brussels later on Tuesday before a full summit of ... (full story)

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