Tsipras banking on last-minute debt deal

Greek prime minister Alexis Tsipras is banking on a political deal to save his country with just days to go to prevent default.

However, countries are warning he needs to put his name to firm proposals when eurozone leaders meet in emergency session in Brussels on Monday.

The clock is ticking with the European Central Bank agreeing to extend further liquidity of around €3bn to the Greek Central Bank during a conference call yesterday.