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Greece to delay IMF debt payment

Greece tells the International Monetary Fund it will delay Friday's 300m (216m) debt repayment and bundle all four of its June payments together.

Greece is preparing to present a list of reforms to international creditors in order to secure a bailout extension.

Greece's new finance minister Yanis Varoufakis says he is "optimistic" a deal can be reached with the country's international creditors.

Greece's new finance minister snubs his main eurozone counterpart, saying Athens will not negotiate over debts with the EU-IMF troika.

It is unrealistic to expect Greece to repay its huge debt in full, a spokesman for Syriza - which won Sunday's election - tells the BBC.

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