Greece debt crisis: Eurozone receives economic reform plan

The Greek government has submitted economic reform proposals to try to secure a further bailout from its creditors, eurozone officials say.

They say they received the plan late on Thursday - just two hours before a midnight deadline. They will now study it ahead of EU meetings at the weekend.

The measures include tax rises, pension reforms, privatization and spending cuts, Greek media say.

Greece needs a third bailout to avoid a default and a possible euro exit, BBC reports.