ATHENS, Greece [Hellenic Republic]. Greece will hold a referendum on 5 July controversial bailout deal with foreign creditors, Prime Minister Alexis Tsipras has announced.
In a speech on national TV, he said his government had been asked to accept “unbearable” austerity measures.
Greece earlier rejected an offer from the creditors which could have helped the country to avoid defaulting on its debt.
Greece has to make a €1.5bn ($1.7bn; £1.06bn) IMF debt repayment on 30 June.
Greek minister calls on nation to reject bailout deal
Greece’s development minister is urging the nation to vote against the country’s bailout deal with international creditors in a July 5 referendum.
Panayiotis Lafazanis says Greeks will answer “with a resounding no” in the vote.
Lafazanis spoke early Saturday, after an emergency cabinet meeting during which Prime Minister Alexis Tsipras announced his intention to call the referendum.
Credit: BBC / AP
