Greece latest: Referendum is on, PM lashes out

Alkis Konstantinidis | Reuters. A letter showing the Greek government is willing to concede ground in talks with creditors has sent markets higher.

We'll keep you updated on all the developments from Greece , as a newly published letter shows that the Greek government is willing to concede ground in discussions with its creditors.

European finance minsters are also set to reconvene to discuss new proposals put forward by the embattled euro zone nation, after it defaulted on its debt on Tuesday.

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