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| Greece debt crisis: EU leaders hold critical summit | Greece debt crisis: EU leaders hold critical summit |
| (2 months later) | |
| Greece faces a critical 24 hours as European leaders hold an emergency summit that could break the deadlock around the country's debt crisis. | Greece faces a critical 24 hours as European leaders hold an emergency summit that could break the deadlock around the country's debt crisis. |
| Greek PM Alexis Tsipras said he hoped Greece would "return to growth within the eurozone". | Greek PM Alexis Tsipras said he hoped Greece would "return to growth within the eurozone". |
| But European ministers have said there is still no basis for making a decision for aid for Greece on Monday. | But European ministers have said there is still no basis for making a decision for aid for Greece on Monday. |
| On Sunday, Mr Tsipras set out new proposals to try to prevent a default on a €1.6bn (£1.1bn) IMF loan. | On Sunday, Mr Tsipras set out new proposals to try to prevent a default on a €1.6bn (£1.1bn) IMF loan. |
| But he has ruled out pension cuts, higher power rates, and an excessive budget surplus. | But he has ruled out pension cuts, higher power rates, and an excessive budget surplus. |
| Greek debt talks: Main sticking points | Greek debt talks: Main sticking points |
| Greece must repay the loan by the end of June or risk crashing out of the single currency and possibly the EU. | Greece must repay the loan by the end of June or risk crashing out of the single currency and possibly the EU. |
| Talks have been in deadlock for five months. The European Commission, the IMF and the European Central Bank (ECB) are unwilling to unlock the final €7.2bn tranche of bailout funds until Greece agrees to economic reforms. | Talks have been in deadlock for five months. The European Commission, the IMF and the European Central Bank (ECB) are unwilling to unlock the final €7.2bn tranche of bailout funds until Greece agrees to economic reforms. |
| Business live: Latest from Greece | Business live: Latest from Greece |
| Stock markets rise on hopes of deal | Stock markets rise on hopes of deal |
| Analysis - Robert Peston, BBC economics editor | Analysis - Robert Peston, BBC economics editor |
| The chairman of Greece's fourth-biggest bank, Nikolaos Karamouzis, warned there was a genuine risk of Greek banks being forced to close their doors tomorrow and cease dispensing cash for days, if there is no deal in Brussels today. | The chairman of Greece's fourth-biggest bank, Nikolaos Karamouzis, warned there was a genuine risk of Greek banks being forced to close their doors tomorrow and cease dispensing cash for days, if there is no deal in Brussels today. |
| He said that because of the pace of withdrawals of cash from Greek banks by anxious savers - which he said was running at €700m (£501m) a day - all the banks can only keep going thanks to life-saving loans to them made by the Bank of Greece, with approval of the ECB, under the Emergency Liquidity Assistance (ELA) scheme. | He said that because of the pace of withdrawals of cash from Greek banks by anxious savers - which he said was running at €700m (£501m) a day - all the banks can only keep going thanks to life-saving loans to them made by the Bank of Greece, with approval of the ECB, under the Emergency Liquidity Assistance (ELA) scheme. |
| There was a serious risk, he said, that the governing council of the ECB would end the ELA scheme, and terminate Greek banks' full access to the Eurosystem payments arrangements, if there was no sign today that Greece is back on a path to solvency. | There was a serious risk, he said, that the governing council of the ECB would end the ELA scheme, and terminate Greek banks' full access to the Eurosystem payments arrangements, if there was no sign today that Greece is back on a path to solvency. |
| In that dire eventuality, all the banks would have to cease trading, as soon as tomorrow. And they could only reopen as and when the Greek government passed legislation to restrict cash withdrawals, or introduce capital controls, which - he said - would take days. | In that dire eventuality, all the banks would have to cease trading, as soon as tomorrow. And they could only reopen as and when the Greek government passed legislation to restrict cash withdrawals, or introduce capital controls, which - he said - would take days. |
| Read more from Robert | Read more from Robert |
| Prime Minister Tsipras is meeting the heads of Greece's three international creditors in Brussels, ahead of his talks with the leaders of 18 other eurozone nations. | Prime Minister Tsipras is meeting the heads of Greece's three international creditors in Brussels, ahead of his talks with the leaders of 18 other eurozone nations. |
| Mr Tsipras' offer on Sunday of a reforms package to the leaders of Germany, France and the European Commission is seen by some as a sign the Greek government is willing to make concessions. | Mr Tsipras' offer on Sunday of a reforms package to the leaders of Germany, France and the European Commission is seen by some as a sign the Greek government is willing to make concessions. |
| The proposals, which Mr Tsipras described as "mutually beneficial", were adopted at an emergency meeting of the Greek cabinet - though details have yet to be revealed. | The proposals, which Mr Tsipras described as "mutually beneficial", were adopted at an emergency meeting of the Greek cabinet - though details have yet to be revealed. |
| The deadline for Greece to pay back a slice of its loan is 30 June, but a last-minute deal would make it difficult to arrange the logistics of transferring the money. | The deadline for Greece to pay back a slice of its loan is 30 June, but a last-minute deal would make it difficult to arrange the logistics of transferring the money. |
| A separate European Council summit is scheduled for Thursday and Friday, and its agenda is packed. | A separate European Council summit is scheduled for Thursday and Friday, and its agenda is packed. |
| In theory, if no deal is struck on Monday, there is still a week to get things resolved. | In theory, if no deal is struck on Monday, there is still a week to get things resolved. |
| What's behind the crisis? | What's behind the crisis? |
| On Monday, the ECB again increased the amount of emergency credit it allows Greek banks to draw on to remain afloat, and may renew the increase in coming days if necessary, banking officials said. | On Monday, the ECB again increased the amount of emergency credit it allows Greek banks to draw on to remain afloat, and may renew the increase in coming days if necessary, banking officials said. |
| Greek savers have withdrawn billions of euros in recent days, putting the banking system under intense pressure. | Greek savers have withdrawn billions of euros in recent days, putting the banking system under intense pressure. |
| But Greek banks opened as normal on Monday following an emergency loan from the ECB on Friday. | But Greek banks opened as normal on Monday following an emergency loan from the ECB on Friday. |
| Greece - deal or no deal? | Greece - deal or no deal? |
| Hewitt: The weight of history | Hewitt: The weight of history |
| Cars and shoe boxes: Greeks cope with an economic crisis | Cars and shoe boxes: Greeks cope with an economic crisis |
| Peston: Is there any way Greece can avoid default?? | Peston: Is there any way Greece can avoid default?? |
| Walker: The options for Greece | Walker: The options for Greece |
| What impact would Grexit have on UK? | What impact would Grexit have on UK? |
| Are you in Greece? What impact is the risk of leaving the single currency having on your life? You can share your experiences by emailing haveyoursay@bbc.co.uk. | Are you in Greece? What impact is the risk of leaving the single currency having on your life? You can share your experiences by emailing haveyoursay@bbc.co.uk. |
| If you are available to talk to a BBC journalist please include a telephone number. | If you are available to talk to a BBC journalist please include a telephone number. |
| Or WhatsApp us on +44 7525 900971. | Or WhatsApp us on +44 7525 900971. |
| Or comment here: |