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| Greece debt crisis: EU leaders gather for critical summit | Greece debt crisis: EU leaders gather for critical summit |
| (about 1 hour later) | |
| Greece faces a critical 24 hours as European leaders gather for an emergency summit in Brussels that could break the deadlock around the country's debt crisis. | Greece faces a critical 24 hours as European leaders gather for an emergency summit in Brussels that could break the deadlock around the country's debt crisis. |
| On Sunday, Greek PM Alexis Tsipras set out new proposals to try to prevent a default on a €1.6bn (£1.1bn) IMF loan. | On Sunday, Greek PM Alexis Tsipras set out new proposals to try to prevent a default on a €1.6bn (£1.1bn) IMF loan. |
| One European official said the proposals held plenty of promise. | One European official said the proposals held plenty of promise. |
| 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, with the European Commission, the IMF and the European Central Bank (ECB) unwilling to unlock the final €7.2bn tranche of bailout funds until Greece agrees to economic reforms they want to see introduced. | Talks have been in deadlock for five months, with the European Commission, the IMF and the European Central Bank (ECB) unwilling to unlock the final €7.2bn tranche of bailout funds until Greece agrees to economic reforms they want to see introduced. |
| The three creditors must agree to the deal offered by Greece to ensure Monday's talks have a clear focus. | The three creditors must agree to the deal offered by Greece to ensure Monday's talks have a clear focus. |
| The head of the European Commission president's cabinet, Martin Selmayr, said on Twitter that Greece's latest offer had been received by its creditors. | The head of the European Commission president's cabinet, Martin Selmayr, said on Twitter that Greece's latest offer had been received by its creditors. |
| He said it represented a "good basis for progress" before comparing the discussions on a deal to a "forceps delivery" childbirth. | He said it represented a "good basis for progress" before comparing the discussions on a deal to a "forceps delivery" childbirth. |
| Prime Minister Tsipras will meet the heads of Greece's three international creditors at 11:00 (09:00 GMT), ahead of his meeting with the leaders of 18 other eurozone nations. | Prime Minister Tsipras will meet the heads of Greece's three international creditors at 11:00 (09:00 GMT), ahead of his meeting 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 they 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 they have yet to be revealed. |
| Italian Prime Minister Matteo Renzi has urged both sides to seize a "window of opportunity". | Italian Prime Minister Matteo Renzi has urged both sides to seize a "window of opportunity". |
| Earlier on Sunday, Louka Katseli, the head of Greece's biggest bank, said it would be "insane" not to reach an agreement in Brussels. | Earlier on Sunday, Louka Katseli, the head of Greece's biggest bank, said it would be "insane" not to reach an agreement in Brussels. |
| The National Bank of Greece chief said that, while the banks were not under immediate threat of running out of money, the situation was serious and, without a deal, would become severe. | The National Bank of Greece chief said that, while the banks were not under immediate threat of running out of money, the situation was serious and, without a deal, would become severe. |
| However, she said she thought it was unlikely that Greece would be forced to leave the eurozone, saying the cost would be too high for other eurozone nations. | However, she said she thought it was unlikely that Greece would be forced to leave the eurozone, saying the cost would be too high for other eurozone nations. |
| The ECB will also hold a separate meeting on Monday to decide whether to raise the level of emergency funding for Greek banks, after it approved an emergency loan on Friday. | The ECB will also hold a separate meeting on Monday to decide whether to raise the level of emergency funding for Greek banks, after it approved an emergency loan on Friday. |
| Greek savers have withdrawn billions of euros in recent days, putting Greece's banking system under intense pressure. | Greek savers have withdrawn billions of euros in recent days, putting Greece's banking system under intense pressure. |
| Thousands of demonstrators gathered in Athens on Sunday evening in support of its left-wing government, which came to power off the back of an anti-austerity promise. | Thousands of demonstrators gathered in Athens on Sunday evening in support of its left-wing government, which came to power off the back of an anti-austerity promise. |
| They are angered by austerity measures imposed by Greece's lenders in the two previous bailouts, which saw wages and pensions slashed and left one in four Greeks unemployed. | They are angered by austerity measures imposed by Greece's lenders in the two previous bailouts, which saw wages and pensions slashed and left one in four Greeks unemployed. |
| Rallies were also staged in Brussels and Amsterdam in solidarity with the people of Greece. | Rallies were also staged in Brussels and Amsterdam in solidarity with the people of Greece. |
| What's happening on Monday? | What's happening on Monday? |
| The emergency summit of the leaders of 19 EU leaders was agreed late last week. | The emergency summit of the leaders of 19 EU leaders was agreed late last week. |
| Even before the meeting takes place, Greece's three creditors need to come to some sort of deal with Athens. | Even before the meeting takes place, Greece's three creditors need to come to some sort of deal with Athens. |
| That would act as a springboard for more intense discussions at the summit on Monday. So, needless to say, if Greece and the creditors do not strike a deal, there will not be much to talk about. | That would act as a springboard for more intense discussions at the summit on Monday. So, needless to say, if Greece and the creditors do not strike a deal, there will not be much to talk about. |
| Why all the focus on Monday? | Why all the focus on Monday? |
| The deadline for Greece to pay back a slice of its loan is 30 June - so why the panic to get things resolved by 22 June? | The deadline for Greece to pay back a slice of its loan is 30 June - so why the panic to get things resolved by 22 June? |
| The simple answer is time. | The simple answer is time. |
| Just agreeing a deal and arranging how the money is transferred is a complicated affair - one that could not be finalised with hours to go. | Just agreeing a deal and arranging how the money is transferred is a complicated affair - one that could not be finalised with hours to go. |
| On top of that, a separate European Council summit is scheduled for Thursday and Friday, and its agenda is packed. That meeting will take up a lot of the time of those who would need to be on hand to discuss Greece. | On top of that, a separate European Council summit is scheduled for Thursday and Friday, and its agenda is packed. That meeting will take up a lot of the time of those who would need to be on hand to discuss Greece. |
| 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? | |
| Withdrawals between last Monday and Friday reportedly reached about €4.2bn, representing about 3% of household and corporate deposits held by Greek banks at the end of April. | Withdrawals between last Monday and Friday reportedly reached about €4.2bn, representing about 3% of household and corporate deposits held by Greek banks at the end of April. |
| But Greek banks are expected to open as normal on Monday following the ECB loan. | But Greek banks are expected to open as normal on Monday following the ECB loan. |
| Greece's lenders want to see Athens implement a series of economic changes in areas such as pensions, VAT and on the budget surplus before releasing the funds, which have been delayed since February. | Greece's lenders want to see Athens implement a series of economic changes in areas such as pensions, VAT and on the budget surplus before releasing the funds, which have been delayed since February. |
| 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. |