Hope for Greek economy rises after Athens offers new belt-tightening

Greek officials broke a stalemate in negotiations with European creditors on Monday by offering more budget cuts and pension reform, spurring hopes -- once again -- that the Balkan nation's membership in the euro currency alliance may survive its five-year economic crisis. 

http://www.latimes.com/world/europe/la-fg-greece-eurozone-hope-20150622-story.html