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| Greece debt crisis: MPs back referendum on bailout | |
| (35 minutes later) | |
| The Greek parliament has approved plans to hold a referendum on international creditors' terms for a new bailout. | |
| The vote is due on 5 July. PM Alexis Tsipras, who opposes further austerity moves, has urged people to deliver a "resounding 'no'" to the package. | |
| Eurozone partners have reacted negatively to the referendum plan, and rejected a Greek request to extend the bailout programme beyond 30 June. | |
| Greece has to pay €1.6bn (£1.1bn) to the IMF on that day. | |
| Without new funds, there are fears that the country may leave the euro and its economy may collapse. | |
| Mr Tsipras's motion on a referendum easily won backing in the 300-member strong parliament, with at least 179 MPs voting "yes". | |
| His government had earlier rejected the creditors' offer of a five-month extension to Greece's bailout programme in exchange for reforms. | |
| On Saturday, eurozone finance ministers declined the Greek proposal for the bailout extension beyond Tuesday's deadline. A Eurogroup statement said Greece had broken off negotiations over a new bailout deal "unilaterally". | |
| Eurogroup head Jeroen Dijsselbloem said it would now be up to the European Central Bank (ECB) to decide whether to continue providing emergency liquidity funding to the Greek banking system. | |
| In Greece, queues have formed outside banks in the past few days amid concerns that the Greek central bank might start restricting withdrawals. |