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Greece debt crisis: Tsipras announces bailout referendum
|Last Edited||IndyGeorgia Jun 28, 2015 11:19pm|
|News Date||Sunday, June 28, 2015 05:00:00 AM UTC0:0|
|Description||Greece's prime minister has called a referendum on 5 July for voters to decide whether to accept a bailout deal offered by international creditors. |
Alexis Tsipras made clear he was against the "unbearable" bailout plan.
Parliament is debating whether to ratify the vote, and some queues have been seen outside banks in Athens.
Eurozone finance ministers are meeting to discuss the crisis, and to decide whether to give Greece an extension of the bailout until after the vote.
The current bailout expires on Tuesday, the same day Greece's IMF debt is due.
It is unclear what would happen if Greece does not get a temporary extension. Without a deal on the bailout, there are fears Greece's economy could collapse.
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