Eurozone finance ministers have not received any fresh Greek proposals for a cash-for-reforms deal ahead of their meeting this afternoon, according to Edward Scicluna.

The Finance Minister said the eurogroup was waiting to "hear" what proposals the new Greek finance minister would come forward with.

The proposals would have to be studied, he added. But Prof. Scicluna insisted all possibilities had to be evaluated seriously, including a well-managed Grexit just in case the situation reached that point.

Asked whether the eurogroup would discuss an emergency EUR7 billion payout in the next 48 hours, Prof. Scicluna said there was no agenda and finance ministers were all ears to hear what Greece had to say.

He was speaking before entering the eurozone meeting ahead of tonight's head of governments meeting in Brussels.

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