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EU Summit: Still work to do on Greece

FXStreet (Córdoba) - Donald Tusk and Jean-Claude Juncker are due to hold a press conference on today’s summit.

Meanwhile, comments from leaders arrive as they leave the summit:

IMF Chief Lagarde said still “enormous” amount of work to do on Greece

EU’s Dijsselbloem stated “hard work to do” in coming hours on Greece

Lithuania Dalia Grybauskaitė: Next 48 hours are “absolutely crucial”. Greece government needs to take responsibility. Not yet impressed by Greek proposals. Still far from a deal.

Greece accepts principle of extending current bailout

According to latest reports, Greece has accepted principle of extending existing bailout, and Prime Minister Alexis Tsipras has told EU leaders he expects a deal within 48 hours.
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EU Summit: Confident of a deal this week

European Council President Donald Tusk said that he called tonight’s meeting to avoid a chaotic, uncontrollable “Graccident”. He stated that new dynamism was injected into Greek talks today after Athens submitted a new set of proposals. “Today’s proposals are a positive step....they will be assessed in the coming hours”.
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