Greece's Lenders Set Deadline, Threaten 'take It Or Leave It' Choice: FT

By Karen FriarMarketWatch Pulse

Greece's creditors gave the country's leader, Alexis Tsipras, until 11 a.m. Brussels time, or 5 a.m. Eastern Time, to deliver an acceptable plan, the Financial Times reported Thursday. If a deal is not done by then, the lenders' own proposal will be presented to the Eurogroup of eurozone finance ministers as a "take it or leave it" choice for Greece, the FT reported, citing two senior eurozone officials. "The level of frustration is so high. I don't see a deal," one official said, the FT reported.

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