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The Greek debt talks will end this week and Greek proposals including detailed reform plan should be presented by Thursday at the latest, European Council President Donald Tusk said on Tuesday night.
As the finance ministers of euro zone countries didn't receive new proposals they had expected from Greece on Tuesday's Eurogroup meeting, Tusk urged Greece to submit its proposals in next days.
"The Greek government will on Thursday 9 July at the latest set out in detail its proposals for a comprehensive and specific reform agenda for assessment by the three Institutions to be presented to the Eurogroup," he said after a eurozone summit meeting in Brussels on Greece debt crisis.
As another additional Euro Summit on Greece ended fruitless, Tusk announced the leaders of 28 member states of the EU would meet on Sunday, July 12, again.
"Until now I have avoided talking about deadlines, but tonight I have to say it loud and clear -- the final deadline ends this week," he said, warning that there were just five days to avoid the worst-case scenario and save Greece from bankruptcy.
He called leaders of EU countries to try to find a consensus, stressing that the bankruptcy of Greece and the insolvency of its banking system will affect all Europe also in the geopolitical sense.
"If someone has any illusion that it will not be so, they are naive," he said.
The president said all sides of the negotiations share responsibility for the current status quo, saying "all of us are responsible for the crisis, and all of us have a responsibility to resolve it." Enditem
