Lenders give Greece 24 hours to come up with proposals

BRUSSELS – The Greek government has been given 24 hours to come up with its own counter-proposals to the ones already made by the institutions with the aim of reaching an agreement to unlock 7.2 billion euros in bailout funds.

According to European sources, Athens has been asked to present its ideas by Friday night. The request was made during a meeting of eurozone officials in Brussels on Thursday.

The same sources indicated that during the meeting officials for the first time discussed the possibility of a Plan B for Greece and whether this would include capital controls.