Greece may bring more to the table in negotiations for a debt deal with its creditors, a close aide to the prime minister said on Saturday, as time runs out for the austerity-battered country to avoid default and help its ailing banks.
Back from a visit to Russia, Prime Minister Alexis Tsipras will meet his negotiating team in Athens and may speak to European Commission chief Jean-Claude Juncker by phone to try to break the deadlock before an emergency summit on Monday.
His government urgently needs to secure a cash-for-reforms deal to avoid defaulting on a 1.6 billion euro IMF loan at the end of June that could eventually turf it out of the euro zone. With nervy depositors pulling billions out of Greek banks, Athens may have to impose capital controls within days to staunch the flow.
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