The 11th hour has come for Greece with all eyes on debt talks and a revised plan put forward by Prime Minister Alexis Tsipras. In its current form, the EU-IMF deal is looking for a 1% reduction in pensions, an increase in VAT on applicable products, and a rise in income tax.
On the economic front, New Home Sales will be released on Tuesday, important U.S. GDP data on Wednesday, and Initial Claims on Thursday.