Greek Prime Minister Alexis Tsipras attends a debate on Greece at the European Parliament in Strasbourg, France, July 8, 2015. REUTERS/Vincent Kessler
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Speaking hours after eurozone peers, at another emergency summit in Brussels, set Greece a deadline of the end of the week to come up with convincing reform proposals, Tsipras said Greeks had no choice but to demand a way out of "this impasse".He promised to deliver detailed reform proposals in the next 48 hours and mostly eschewed the angry rhetoric that has alienated many European partners, although he criticized attempts to "terrorise" Greeks into voting for "never-ending austerity".Speaking before him, European Council President Donald Tusk repeated that the final deadline for Greece to submit convincing reform plans and start implementing them was this week. If experts from the European Commission, European Central Bank and International Monetary Fund deem the proposals viable, eurozone finance ministers would meet Saturday to recommend opening negotiations with Athens, and a special summit of the 28-nation EU would meet Sunday to approve an aid plan.Before then, Greece is supposed to rush a first wave of reform measures through parliament, eurozone sources said, and German Chancellor Angela Merkel has said she would ask parliament in Berlin to authorize the opening of loan negotiations provided the Greek measures are deemed satisfactory.
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