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| Greece debt crisis: Tsipras in new bailout 'concessions' | |
| (35 minutes later) | |
| Greece's Prime Minister Alexis Tsipras has offered new concessions to the country's creditors, media reports say. | |
| A letter to creditors obtained by the Financial Times says Mr Tsipras is prepared to accept most conditions that were on the table before talks collapsed and he called a referendum. | |
| On Tuesday, eurozone finance ministers refused to extend the previous bailout. | |
| Greece became the first European Union country to fail to repay a loan to the International Monetary Fund. | |
| The Financial Times says that Mr Tsipras was prepared to accept a deal made by creditors over the weekend, if a few changes were agreed. | |
| Follow latest developments as they happen. | |
| Lenders' proposals - key sticking points | |
| Source: European Commission document, 26 Jun 15 (pdf) | |
| Greek debt jargon explained | |
| The FT says a letter sent by Mr Tsipras to creditors asked for only two changes: that a VAT discount to Greek islands is maintained, and that the process of raising the retirement age to 67 begins in October and not immediately. | |
| Greece's national broadcaster ERT says Mr Tspiras would accept a deal with only minor requests for changes. | |
| European markets surged on the news Greece might be willing to accept a deal. | |
| The BBC's economics editor Robert Peston said Mr Tsipras "seems to have caved in". | |
| Two key meetings are to take place to discuss aid for Greece, hours after Athens missed the deadline for a €1.5bn (£1.1bn, $1.7bn) payment to the IMF. | |
| In one, officials with the European Central Bank (ECB) will decide whether to grant an emergency loan to Greece. | |
| In the second, eurozone finance ministers will discuss Greece's latest proposal for a third bailout. It would last two years and amount to €29.1bn. | |
| Ministers will discuss the proposal in a conference call at 15:30 GMT. | |
| With the eurozone bailout expired, Greece no longer has access to billions of euros in funds. | |
| Only three other countries are still in arrears to the IMF - Sudan, Somalia and Zimbabwe. Between them, they owe €1.6bn, only marginally more than Greece. | |
| The ECB has also frozen its liquidity lifeline to Greek banks, that did not open this week. | |
| Withdrawals from cash machines are capped at just €60 a day and long queues have been forming outside banks. | |
| However, up to 1,000 branches re-opened on Wednesday to allow pensioners - many of whom do not use bank cards - a one-off weekly withdrawal of up to €120. | |
| The Associated Press news agency said many pensioners had waited outside banks from before dawn, only to be told to return on Thursday or Friday. | |
| Some pensioners were told their pensions had not yet been deposited, AP said. | |
| "It's very bad,'' said Popi Stavrakaki, 68. "I'm afraid it will be worse soon. I have no idea why this is happening." | |
| Greek newspaper headlines on Wednesday | |
| Ta Nea (centre-left): "Fears of levy on deposits" - "The ghost of Maidan [Square in central Kiev, Ukraine] over Syntagma Square: The tension between pro-European and anti-European supporters is mounting as we approach Sunday's referendum, leading to fears of Ukraine-style division" | |
| I Efimerida (left-of-centre): "'NO' ahead" - "But blackmail of bank closure is catalyst for people's decision" | |
| Ethnos (centrist): "Zero hour" - "The country under siege since midnight" | |
| I Avyi (pro-government): "'NO" a catalyst for a new deal | |
| Rizospastis (Communist Party newspaper): "They are asking for a new 'bailout deal' noose for the people!" | |
| Eleftheros Typos (right-of-centre): "Greece defaults and Tsipras plays" - "In confusion, the prime minister asks for a restructure of the bailout and a strict agreement" | |
| The European Commission - one of the "troika" of creditors along with the IMF and the ECB - wants Athens to raise taxes and cut welfare spending to meet its debt obligations. | |
| Greece's left-wing Syriza government, elected on an anti-austerity platform, has been in deadlock with its creditors for months over the terms of a third bailout. | |
| German Chancellor Angela Merkel said she had ruled out further negotiations until after Sunday's referendum, which will ask Greeks if they want to accept their creditors' proposals. | |
| The Greek government took the unilateral decision to hold a vote last weekend, angering eurozone ministers. | |
| What happens next? | |
| 1 July - Eurogroup - the finance ministers of the eurozone - holds a telephone conference to discuss new proposal from Greek Prime Minister Alexis Tsipras | |
| 5 July - Referendum on creditors' proposals takes place, which many say is effectively a vote on Greek membership of the eurozone | |
| 20 July - Greece must redeem €3.46bn of bonds held by the European Central Bank. If it fails to do so, the ECB can cut off Greece's access to emergency loans | |
| EU leaders have warned that a 'No' vote would see Greece leave the eurozone - though Mr Tsipras says he does not want this to happen. | |
| A poll by the Greek newspaper Efimerida ton Syntakton published on Wednesday suggested that 54% of Greeks would vote against the creditors' terms for a bailout - fewer than in their last poll. | |
| Are you in Greece? What are your concerns? Do you have friends and family in the country who may be affected? Email haveyoursay@bbc.co.uk with your experiences. | |
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