Summary

  • Eurozone ministers speak of 'difficult issue of trust' over Greek promises to implement reform

  • They are assessing Greek proposals similar to those rejected in last Sunday's referendum

  • Athens aiming to secure a new bailout and avoid exiting the euro

  • One option reportedly suggested by Germany would see Greece temporarily leave the eurozone

Live Reporting

Dominic Howell, Lauren Turner, Claire Brennan and Thom Poole

  1. Why was the referendum held?

    Alexis TsiprasGetty Images

    Just over a week ago, Alexis Tsipras stepped on to a podium in Syntagma Square in Athens, writes the BBC's Mark Lowen.

    In his trademark open-necked white shirt, his sleeves rolled up, he punched the air.

    "I call on you to say a big 'no' to ultimatums, 'no' to blackmail," he cried. "Turn your back on those who would terrorise you."

    His thousands of fans roared in approval. The Greek public followed his lead and 61% voted "oxi" ("No").

    Roll forward seven days and Greece's prime minister signed the very measures he had fought against. Corporate tax and VAT will rise, privatisations will be pursued, public sector pay lowered and early retirement phased out.

    So why did he hold the referendum? Read more here... 

  2. Coalition coming?

    Eurozone analyst tweets...

  3. 'Commitment towards Europe'

    Pierre MoscoviciReuters

    Here's some more from EU economy commissioner, Pierre Moscovici. 

    I note that the Greek government has made significant gestures, has sent a request for a [bailout] programme. The Greek parliament voted yesterday massively in favour of a list of reforms, which is a sign of commitment towards Europe. The three institutions played their role, the European Commission, the International Monetary Fund, the European Central Bank. Together, we have said the Greek reform programme could constitute a basis for a new programme from the European Stability Mechanism.

  4. Stubb says...

    Finland's finance minister comments after failing to make a doorstep declaration...

  5. Writing on the walls

    The BBC's Jasmine Coleman has tweetedsome of the graffiti she has seen while reporting in Athens. 

    Graffiti in Athens
    Graffiti in Athens
    Graffiti in Athens

  6. Not just another day at the office...

    Greece"s Prime Minister Alexis Tsipras arrives at his office in Athens, Saturday, July 11, 2015AP

    Here's Alexis Tsipras arriving at his office in Athens earlier today as the talks that could decide Greece's future in the euro get underway in Brussels. 

  7. 'Trust rebuilt'

    Wall Street journal writer tweets...

  8. Blunt implements

    The Netherlands and Austria have both backed Germany's tough approach to Greece. As these tweets from euro-watchers suggest, they are not likely to let Greece off the hook easily. You can read more about where different eurozone countries stand here. 

  9. The view from Syntagma Square

    BBC journalist tweets from Athens...

  10. Is the truth out there...?

    Alexis Tsipras and Angela MerkelAP

    So, will a deal be reached this weekend, asks the BBC Europe editor Katya Adler.

    Will Greece take a breather from being headline news. For a while at least? The truth is, no-one knows. Not even the leaders of the European Union. They know what they would like to happen: that they could close their eyes on some sunny European beach this July and the problem would just disappear. Failing that, for most decision-makers - including the Greek Prime Minister, who has driven this drama to unimagined extremes - the favoured outcome is to sign up to the least distasteful option out of an unappetising range

      Read more on Katya's blog.  

  11. German silence 'ominous'

    Our Berlin correspondent tweets...

  12. Interactive debt tracker

    The Financial Times tweets...

  13. Long night ahead

    More from our correspondent Chris Morris: 

    A huge lack of trust has developed over the past few months - and there are grave doubts in many countries about whether Greece will ever implement many of these reforms even if they are agreed on paper. There's also concern about the level of funding it looks like Greece will need over the next three years in order to stay afloat. So there is plenty for finance ministers to discuss and it could be a long night. One senior EU official said the chances of an agreement were roughly 50-50.

  14. Opinion divided

    Technical experts from the EU and the IMF have recommended that Greece's latest proposals for economic reforms and budget cuts can be a basis for negotiating a new international bailout, writes BBC Europe correspondent Chris Morris. 

    That's an important step, and if approved it should be enough to prevent Greece sliding into bankruptcy next week. But eurozone finance ministers will also want to have their say, and opinion is divided. Some countries are optimistic: they believe Greece has at the eleventh hour come up with a serious and credible plan. Others are much less certain.

  15. 'Important gestures'

    The EU's Economic Affairs Commissioner tweets...

  16. Wall Street Journal writer tweets...

  17. Cash withdrawal woes

    With cash withdrawals limited to 60 euros a day it has been a worrying couple of weeks for some Greek families. 

    One of them is the Katsaounos family from Patras in western Greece. BBC journalist Howard Johnson spent the day with them to find out how they were coping on a limited household budget. 

    You can watch his report here.

    People waiting to get into a Greek bankReuters

  18. Syriza cornered?

    Europe's great powers won't be satisfied until they break Syriza, and stop an anti-austerity movement spreading across the continent, argues Owen Jones in the New Statesman. He says:

    Syriza is cornered, and so are the embattled Greek people

      Read the full article  here .  

  19. The pressure's on

    The pressures on Greece over the next few days are pretty obvious, writes the BBC's Europe correspondent Chris Morris. 

    Failure to strike a deal would leave both the Greek state and the Greek banking system staring bankruptcy in the face. Money would run out, and imported goods would soon disappear. 

    And while the rest of the EU would offer humanitarian support, it would be extremely painful for all concerned.

    But there are also pressures on the rest of the eurozone - less immediate perhaps, less obvious in some ways, but equally significant. Read more here. 

    Flags reflected in sunglassesAFP

  20. The Radio 4 presenter tweets...