Tsipras to reveal new Greece proposals

Greek prime minister Alexis Tsipras is heading to Brussels for an emergency meeting of eurozone leaders, where he will try to use a resounding referendum victory to eke out concessions from European creditors over a bailout for the crisis-ridden country.

Mr Tsipras is set to reveal fresh proposals to creditors that he hopes will kick-start negotiations. He needs the bailout talks to make rapid progress so Greece can get access to money that will prevent the banks going bust and safeguard the country’s euro future.