Greece 'to make proposals soon'

Greece will make a proposal to tap Europe’s bailout fund, the European Stability Mechanism, as soon as tomorrow, the eurozone’s top official has said.

Following the conclusion of the meeting of the eurozone’s 19 finance ministers, Jeroen Dijsselbloem confirmed that the new Greek finance minister, Euclid Tsakalotos, did not deliver any fresh written proposals for a bailout deal that would help the country avoid falling out of the euro.