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6/3/15

Greece: Seeking compromise deal, Greece warns it might skip IMF payment - by Karolina Tagaris and Deepa Babington

Greece's international creditors signaled on Wednesday they were ready to compromise to avert a debt default even as Athens warned it might skip an IMF loan repayment due this week.

Prime Minister Alexis Tsipras visits Brussels later on Wednesday to see senior European officials, where he is expected to hear the terms of the plan drawn up this week at a meeting of top leaders, including German Chancellor Angela Merkel.

With time running out, and looking to draw a line under months of acrimonious negotiations, the creditors have effectively come up with a take-it-or-leave-it offer.

However, Tsipras has produced a plan of his own and said he intended to discuss this document in Brussels, calling on euro zone partners to show some "realism" and urging a deal that would let Greece escape from "economic asphyxiation".

Read more: Seeking compromise deal, Greece warns it might skip IMF payment | Reuters

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