ATHENS, Greece — Greece and its European creditors are to discuss a last-minute proposal by Athens for a new two-year rescue deal, submitted just hours before the country’s international bailout expires and it loses access to billions in European funds.
At midnight central-Europe time, the country is also set to become the first developed nation to not pay its debts to the International Monetary Fund on time, as Greece sinks deeper into a financial emergency that has forced it put a nationwide lockdown on money withdrawals.
Read Wednesday’s Arkansas Democrat-Gazette for full details.