Update | Greece makes concessions in ‘realistic’ reform plan in debt talks to international creditors

Greece said on Tuesday it had sent a comprehensive reform proposal to its international creditors, urging them to be realistic and accept the plan to clinch a long delayed deal to release frozen aid before Athens runs out of cash.

The announcement by leftist Prime Minister Alexis Tsipras came hours after leaders of Germany, France and the lending institutions held emergency talks on the Greek debt crisis in Berlin in a sign of top-level concern about the impasse.

It appeared to be an attempt to pre-empt a take-it-or-leave-it offer by the creditors and to show Greek voters that Athens, too, is putting forward proposals.

“We have submitted a realistic plan for Greece to exit the crisis. A realistic plan, whose acceptance by the institutions, our lenders and our partners in Europe will mark the end of the scenario of divisions in Europe,” Tsipras told reporters.

“It is now clear that the decision on whether they want to adjust to realism ... the decision rests with the political leadership of Europe.”