Greece gives new reform plan to creditors: European source

(MENAFN- AFP) Greece has submitted a promised reform plan to its EU-IMF creditors, a day before Prime Minister Alexis Tsipras is due to discuss how to end Athens's debt crisis with the French and German leaders, a European source said Tuesday.

Creditors "are now in the process of studying" the list of "counter-proposals", which arrived two days after European Commission chief Jean-Claude Juncker complained Tsipras had not fufilled a pledge made at a meeting last week to send Brussels the plans.

Failing to reach a deal to rescue Greece from a looming default would be the beginning of the end for the eurozone, Tsipras told the Italian daily Corriere della Sera.

Asked by the newspaper if a failure to agree on the rescue deal, meaning that Greece would soon likely default on its debts, would also be a failure for Europe, Tsipras said "I think that is evident. It would be the beginning of the end for the eurozone."