The Greek Debit Crisis Intensifies Before Default Deadline

European leaders have intensified their efforts to reach a deal over the Greek debt crisis, ahead of an emergency Brussels summit to break the deadlock.
French President Francois Hollande has warned that "everything must be done" to keep Greece in the Eurozone.
Greek Prime Minister Alexis Tsipras set out new proposals in a bid to prevent a default on a €1.6 billion loan from the International Monetary Fund.
Greece must repay the loan by the end of June or risk possible expulsion from the EU which would also deprive Athens of the Euro..
Talks have been in deadlock for five months, with the European Commission, the IMF and the European Central Bank unwilling to unlock the final €7.2 billion portion of bailout funds until Greece agrees to economic reforms they want to see introduced.