Greece scrambles for debt deal with fresh plan before summit

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An anti-austerity protester holds a Greek flag in front of the parliament during a protest against austerity policies on July 21, 2015

Greece’s prime minister presented new proposals to European leaders Sunday aimed at ending his country’s debt crisis, as Athens announced a frenzied round of meetings ahead of a summit that could determine whether Greece crashes out of the eurozone. In a telephone call with German Chancellor Angela Merkel, French President Francois Hollande and European Commission President Jean-Claude Juncker, Alexis Tsipras detailed a “mutually beneficial deal”, the Greek premier’s office said in a statement. The flurry of diplomatic contacts came as Athens scrambled to reach a deal with its eurozone lenders after five months of deadlock, with Tsipras also scheduled to …read more