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Greek Prime Minister Alexis Tsipras is to make a public address shortly, a government official said on Wednesday, amid frantic efforts to salvage a bailout deal with international creditors.

Tsipras has written to international creditors saying Greece is prepared to accept a bailout offer published on June 28 provided several conditions are changed.

by jamillah.knowles 11:37 AM↑0

.

I wouldn't be surprised if the referendum is called off.

Latest post on the link above :-


Greek government official says referendum will go ahead, negotiations will continue after vote.

by jamillah.knowles 11:44 AM↑0

Midday Report

Bookmaker pays out early on Greek "Yes" bet

Bookmakers Paddy Power have made an early payout to gamblers betting that Greece will vote to accept its creditors' bailout terms in a referendum on Sunday, the firm announced on Twitter on Wednesday.

Since calling the referendum on Friday, Greek Prime Minister Alexis Tsipras has written to international creditors saying Greece could accept a bailout offer published on June 28 if several conditions were changed, but Germany said the letter had come too late and did not go far enough.

Analysts have speculated that Tsipras might call off the referendum at a public address on Wednesday, but a Greek government official told Reuters it would go ahead.

USD ADP Non-Farm Employment Change 237K 219K 203K

Special Report: How Greece went bust