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Greek debt crisis: Tsipras turns on creditors Greek debt crisis: Tsipras turns on creditors
(35 minutes later)
Greek Prime Minister Alexis Tsipras has criticised Greece's international creditors for failing to accept his government's latest reform proposals.Greek Prime Minister Alexis Tsipras has criticised Greece's international creditors for failing to accept his government's latest reform proposals.
He said that this never occurred with equivalent measures put forward by Ireland and Portugal when they were negotiating bailouts.He said that this never occurred with equivalent measures put forward by Ireland and Portugal when they were negotiating bailouts.
Either the creditors did not want a deal or were serving "special interests", he added.Either the creditors did not want a deal or were serving "special interests", he added.
The remarks came as Mr Tsipras prepared for fresh talks to secure a debt deal.The remarks came as Mr Tsipras prepared for fresh talks to secure a debt deal.
Greece must repay €1.6bn (£1.1bn) to the International Monetary Fund (IMF) by the end of the month, or face default and possible exit from the EU.Greece must repay €1.6bn (£1.1bn) to the International Monetary Fund (IMF) by the end of the month, or face default and possible exit from the EU.
Eurozone finance ministers are due to finalise a deal on Wednesday evening.Eurozone finance ministers are due to finalise a deal on Wednesday evening.
On Wednesday, the ECB again increased additional emergency funding for Greek banks to stave off fears of a bank run - the fifth time in eight days it has done so as fearful savers withdraw up to €1bn a day from domestic banks.On Wednesday, the ECB again increased additional emergency funding for Greek banks to stave off fears of a bank run - the fifth time in eight days it has done so as fearful savers withdraw up to €1bn a day from domestic banks.
Only once agreement is reached will creditors unlock the final €7.2bn tranche of bailout funds.Only once agreement is reached will creditors unlock the final €7.2bn tranche of bailout funds.
The agreement being formed is believed to include: The agreement being formed is believed:
See the proposals in full
Mr Tsipras is to meet the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) - the trio evaluating his proposals.Mr Tsipras is to meet the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) - the trio evaluating his proposals.
They are hoping to finalise a deal that would release further loans to Greece before it runs out of money.They are hoping to finalise a deal that would release further loans to Greece before it runs out of money.
The Greek government has put forward budget proposals that it says meet the targets demanded by its creditors.The Greek government has put forward budget proposals that it says meet the targets demanded by its creditors.
But the BBC's Chris Morris in Brussels says they include far more tax rises and far fewer spending cuts than its creditors had suggested, and the IMF in particular is refusing to accept them.But the BBC's Chris Morris in Brussels says they include far more tax rises and far fewer spending cuts than its creditors had suggested, and the IMF in particular is refusing to accept them.
This prompted Mr Tsipras to tweet: "The repeated rejection of equivalent measures by certain institutions never occurred before - neither in Ireland nor Portugal.This prompted Mr Tsipras to tweet: "The repeated rejection of equivalent measures by certain institutions never occurred before - neither in Ireland nor Portugal.
"This odd stance seems to indicate that either there is no interest in an agreement or that special interests are being backed.""This odd stance seems to indicate that either there is no interest in an agreement or that special interests are being backed."
Our correspondent says he appears to be alluding to fears that there are those elsewhere in the Eurozone who want to put the Greek Prime Minister in an impossible position, and engineer the collapse of his radical left-wing government.Our correspondent says he appears to be alluding to fears that there are those elsewhere in the Eurozone who want to put the Greek Prime Minister in an impossible position, and engineer the collapse of his radical left-wing government.
If agreement is reached, it will have to be endorsed by Greece's parliament, with some critics at home accusing the left-wing prime minister of reneging on his party's campaign pledge to end austerity.If agreement is reached, it will have to be endorsed by Greece's parliament, with some critics at home accusing the left-wing prime minister of reneging on his party's campaign pledge to end austerity.
Tight schedule - the week aheadTight schedule - the week ahead