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Greek MPs back referendum on bailout | Greek MPs back referendum on bailout |
(35 minutes later) | |
Greece's parliament has approved controversial plans to hold a referendum on international creditors' terms for a bailout. | |
The vote, proposed by Prime Minister Alexis Tsipras, is set for 5 July. | |
On Saturday, eurozone finance ministers rejected a Greek request to extend the bailout programme beyond 30 June. | |
Greece has to pay €1.6bn (£1.1bn) to the IMF on Tuesday. Without new funds, there are fears Greece may leave the euro and its economy may collapse. |