Greek PM offers concessions but backs referendum

tsipras-alexis-2015
Alexis Tsipras

The latest twist in the Greek saga saw prime minister Alexis Tsipras return to the negotiating table last night, but German officials will only consider restarting talks when the July 5 referendum has passed.

Greece fell into “arrears” with the International Monetary Fund after failing to repay around €1.5 billion ($1.66 billion) yesterday. Earlier in the day the Greek government submitted a surprise request for bailout funds from the European Stability Mechanism (ESM).

Meanwhile, in a letter to

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