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Eurozone ministers reject Greek bailout extension: sources

Greek lawmakers debated a surprise bailout referendum amid signs of customers queueing to withdraw money from banks as fears of a default intensifiedEurozone finance ministers refused Saturday to extend Greece’s bailout programme past June 30 after Athens called a referendum on reform proposals by creditors, sources told AFP. The ministers “rejected an extension of the aid programme” at a meeting in Brussels, hours after Greek Prime Minister Alexis Tsipras called the plebiscite on the bailout proposal for July 5. The minister talks, the fifth round in ten days, were largely seen as the last chance for Athens to avoid default, with only three days remaining until the June 30 IMF payment deadline.

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