Greek Debt Crisis: Solution Getting Closer

Greece is locked in negotiations with its creditors - the IMF, the ECB and the European Commission – over its €240 billion debt. The total Greek debt currently stands at €316 billion, with fears mounting that the country could default without a deal with creditors and leave the eurozone.

Greek Prime Minister Alexis Tsipras has presented EU leaders new proposals on a "mutually beneficial deal" to solve the Greek debt crisis.

Jyske Bank believes a deal will be made.