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Greek crisis: Tsipras says 'no deal' with creditors

CNBC-Greek Crisis

Greek Prime Minister Alexis Tsipras said his government's proposed reforms have not been accepted by its international creditors, according to a statement from Greek officials on Wednesday.

The news dashes hopes of an imminent deal between the embattled Mediterranean country and its creditors.

European markets turned lower following the statement, with Germany's Dax falling 1.2 percent and the Athens stock exchange down 3.3 percent minutes after the news emerged.
"Certain institutions insist in not accepting equivalent measures suggested by the Greek government," Tsipras told his colleagues before departing to Brussels, according to the statement.