Just hours before Greece was due to default on their payment, Alexis Tsipras has come forward with a last ditch attempt to make a deal.

The Greek Prime Minister asked for the aid from the European Stability Mechanism, according to a statement from his office. The request is to cover all of the country’s financial needs for the next two years, along with a debt-restructuring plan.

It is unclear how Greece’s creditors have reacted to the offer; the new proposal did not include any of the concessions the EU wished see. As it stands, Greece are preparing to exitEurope’s bailout scheme at midnight tonight, after defaulting on their payment to the IMF.

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