<p>Greece has submitted new bailout reform plans to an impatient eurozone in a last-ditch effort to save the country's collapsing economy and its fragile place in the single currency.<br /><br />With the crisis reaching a climax that could have dire consequences for the global economy, the proposals from Athens landed yesterday in Brussels less than two hours before a midnight deadline.</p>.<p><br />Eurozone officials will now study the details of the plan -- which creditors say must include pension and tax reforms -- before a make-or-break summit of all 28 European leaders on Sunday.<br /><br />"New Greek proposals received by Eurogroup president Jeroen Dijsselbloem. Important for (creditor) institutions to consider these in their assessment," said Michel Reijns, a spokesman for the head of the eurozone finance ministers.<br /><br />The radical left government of Greek Prime Minister Alexis Tsipras had spent the day huddling in Athens to produce a plan acceptable to its partners, especially sceptical Germany, in return for billions of euros in loans to keep the country afloat.</p>.<p><br />Details of the new plan were not immediately available. But there was growing pressure for the eurozone to ease Greece's crushing 320-billion-euro (USD 350-billion) debt burden as part of any plan.<br /><br />EU President Donald Tusk said Greece's creditors must make a "realistic" proposal for managing the debt if Athens delivers a workable programme, echoing similar calls by the IMF and United States.<br /><br />Greece's parliament is now set to vote on the reform plan today. Anti-bailout protesters gathered in central Athens last night. </p>
<p>Greece has submitted new bailout reform plans to an impatient eurozone in a last-ditch effort to save the country's collapsing economy and its fragile place in the single currency.<br /><br />With the crisis reaching a climax that could have dire consequences for the global economy, the proposals from Athens landed yesterday in Brussels less than two hours before a midnight deadline.</p>.<p><br />Eurozone officials will now study the details of the plan -- which creditors say must include pension and tax reforms -- before a make-or-break summit of all 28 European leaders on Sunday.<br /><br />"New Greek proposals received by Eurogroup president Jeroen Dijsselbloem. Important for (creditor) institutions to consider these in their assessment," said Michel Reijns, a spokesman for the head of the eurozone finance ministers.<br /><br />The radical left government of Greek Prime Minister Alexis Tsipras had spent the day huddling in Athens to produce a plan acceptable to its partners, especially sceptical Germany, in return for billions of euros in loans to keep the country afloat.</p>.<p><br />Details of the new plan were not immediately available. But there was growing pressure for the eurozone to ease Greece's crushing 320-billion-euro (USD 350-billion) debt burden as part of any plan.<br /><br />EU President Donald Tusk said Greece's creditors must make a "realistic" proposal for managing the debt if Athens delivers a workable programme, echoing similar calls by the IMF and United States.<br /><br />Greece's parliament is now set to vote on the reform plan today. Anti-bailout protesters gathered in central Athens last night. </p>