Tsipras warns G7 leaders time running out to rescue Greece from bankruptcy

Greek prime minister accuses his country's creditors of making 'absurd' demands and insists debt restructuring offer must stay in place

The Greek prime minister, Alexis Tsipras, has warned that time is running out to rescue the country from the brink of bankruptcy an and exit from the eurozone, ensuring that Greece's plight will be a pressing concern for G7 leaders as they gather in Bavaria.

With the end of June now regarded as the last possible moment for striking a deal to release the a7.2bn (5.2bn) in bailout funds that Greece needs to stay afloat, Tsipras struck a defiant tone in a statement before the country's parliament, accusing Greece's creditors of making "absurd" demands on his recession-hit country and insisting, "they won't humiliate us".