Tsipras pitches new plan as Merkel takes hard line

Greek prime minister Alexis Tsipras launched a desperate bid to win fresh aid from creditors at an emergency eurozone summit yesterday, before his country’s banks run out of money.

However, German chancellor Angela Merkel said on arrival there was still no basis for re-opening talks with Athens.

“It is not a matter of weeks but of a few days” to save Greece from collapse,” Merkel said.