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Greece debt crisis: Deadline day for new proposals

Greece has until the end of Thursday to present new proposals to secure a third bailout from creditors and prevent a possible exit from the eurozone.

Prime Minister Alexis Tsipras says the "next hours will be crucial".

The new proposals will be studied by eurozone finance ministers on Saturday and a full EU summit on Sunday.

The Greek government has meanwhile extended bank closures and the €60 (£43; $66) daily limit on cash machine withdrawals until Monday.

The curbs were imposed on 28 June, after a deadlock in bailout talks with creditors led a rush of withdrawals.

(Bbc)

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