Greek Debt Crisis News Updates -- July 8, 2015

New York Times: Greece Submits New Loan Request as Tsipras Takes Defiant Stance

ATHENS — Greece, running out of money and under a tight deadline from European leaders, requested a three-year loan on Wednesday from the eurozone’s bailout fund as the country and its creditors began what could be a last effort to avert a historic rupture.

But in making a formal request for new aid that it needs to avoid further defaults on its debts, Greece did not provide any details of what it would do in return to show that it is serious about strengthening the government’s finances, other than alluding generally to a willingness to make quick changes to its tax and pension systems. The government said it would provide those specifics on Thursday.

Nor did it publicly describe the size of the loan it was seeking. Some economists have estimated that Greece will need 50 billion euros (about $55 billion), or possibly more.

WNU Editor: All Greek banks are closed till Monday .... and if there is no agreement this weekend .... who knows when these banks will open .... The Latest: Greek Banks to Stay Closed Until Monday (AP).

Greek Debt Crisis News Updates -- July 8, 2015

The Latest: Greek banks to stay closed until Monday -- AP
Live: Greek Debt Crisis 2015 -- Reuters
Greek crisis: New bailout request filed; Tsipras clashes with MEPs - as it happened -- The Guardian
Greece submits three-year bail-out plan but leading economists still predict Grexit in four days - live -- The Telegraph

Greece seeks new EU loan deal in race to avert collapse -- Reuters
Greece seeks 3-year aid program, rushes to detail reforms -- AP
Greece debt crisis: Tsipras promises 'credible reforms' -- BBC
Greece submits aid request; still to send full plan -- USA Today
Greece asks for new 3yr loan, promises reform plan on July 9 -- RT
Greece crisis: Tsipras under pressure to submit reform blueprint to creditors -- The Guardian
Greece Faces Euro Exit Unless Demands Accepted by Sunday -- Bloomberg
Banks face closures, bailout or not - sources -- Reuters
‘Bank holiday’: Greece expands bank & capital limits till end of week -- RT
Greek banks won't re-open this week -- Business Insider
Greece's Tsipras short on allies as he tries to avoid ruin -- AP
The Debt Crisis: What Greece Wants and What It’s Offering -- Jeffrey Marcus, NYT
Greece By The Numbers -- NPR