It is a big gamble for Mr Papandreou, who will argue that it is in Greece's national interest to support the deal, the BBC's Europe editor Gavin Hewitt reports.

BBC: Greek crisis: Papandreou promises referendum on EU deal

The BBC's Europe editor Gavin Hewitt said the ceasefire offer had "changed the equation" and he did not get the impression that military action was imminent - as seemed the case before.

BBC: David Cameron cautious over Libya ceasefire offer

Gavin Hewitt, chief executive of the Scotch Whisky Association, which represents the industry, stressed that Scottish-made whisky was competing in tough international markets where it was up against other whiskies and other spirits, from vodka to distilled rice.

BBC: Whisky tax 'could benefit Scots'