Shock vote on terms of bailout pushes Greek banks to the brink of meltdown as long queues form at country’s cashpoints
Eurozone finance ministers have refused a Greek request to extend its bailout programme
The current programme expires on June 30, and will not be continued
Finance ministers are continuing emergency meetings in Brussels without Greece to decide the consequences
Hundreds rushed to ATMs across the country, after Prime Minister Alexis Tsipras called for a referendum on the bailout at 1am Greek time
By SIMON WALTERS AND GLEN OWEN FOR THE MAIL ON SUNDAY
PUBLISHED: 07:06 EST, 27 June 2015 | UPDATED: 07:16 EST, 28 June 2015
Greek banks were on the brink of meltdown last night after the shock announcement that its crisis-hit government would hold a referendum on the terms of a fresh international bailout.
Long queues formed outside the country’s cashpoints after prime minister Alexis Tsipras accused the International Monetary Fund and eurozone of trying to blackmail his country – and pledged to give the Greek people the final say in a vote next weekend.
Mr Tsipras described the bailout plan as ‘humiliation’, condemned ‘unbearable’ austerity measures demanded by creditors and said he would campaign for a ‘no’ result.
