Greek debt talks appear to stumble

24-Jun (USAToday) — A hoped-for debt deal for Greece appeared to stumble Wednesday as Greek Prime Minister Alexis Tsipras suggested that international creditors did not accept the latest round of reform proposals from Athens, according to a report.

Global markets, which have been gaining all week on expectations that a last-minute deal is likely, fell on the news.

Bloomberg reported the development, citing the Greek government.

However, it was not immediately clear what caused the fallout after it earlier emerged that Greece and its international creditors have just a few remaining items to agree on before a deal can be done to break months of deadlocked debt-crisis negotiations, according to the nation’s economy minister.

…Without a deal, there are fears the southern European country could default on $1.8 billion loan repayment to the IMF that is due at the end of the month as part of a $270 billion financial assistance package Greece received during the financial crisis.

[source]