Updated - Muscat: Details of new Greek proposal 'positive' but need to be discussed further'

Any deal over the Greek crisis at today’s emergency meeting of eurozone leaders must not jeopardise Malta’s economic success, the Prime Minister has said. Joseph Muscat said that Malta, along with Germany, was the most exposed country to Greek debt. “We want the best deal for Europe, Malta and Greece... The issue for us is how to ensure that what was achieved over the past two years is not undermined by what happens in Greece,” Dr Muscat said. The Prime Minister will be attending the emergency summit in Brussels, billed as a last ditch attempt to reach an agreement with Greece. Unless creditors release bailout funds, Greece risks defaulting on a €1.6 billion payment to the Inter­national Monetary Fund by June 30. A default would set Greece on course to exit the euro and possibly the EU. Greece presented a new proposal to solve the immediate crisis late last night. The chief-of-staff to European Commission President Jean-Claude Juncker called the proposal a "good basis for progress".  This morning, Dr Muscat said the new 'comprehensive reform package' presented by Greece was a positive development but the details had to be discussed further throughout the day. "This is not ideal,...