EU preparing an emergency plan if Greek talks fail – MNI

FXStreet (Mumbai) - MNI is reporting that the European Union is preparing an emergency plan if Greek rejects the deal offer on Saturday.

The report says Greece’s creditors will not back down from their proposal and the proposal is for an extension till the end of November.

Meanwhile, German finance minister Schaeuble said the Eurozone must not risk credibility by spending beyond limits.