EU ministers refuse to extend Greece’s bailout

‘Eurozone finance ministers have rejected a request by Greece to extend its bailout program past the June 30 deadline.

Sources told AFP that the European Union ministers “rejected an extension of the aid program” at a Saturday meeting in Brussels, just hours after the Greek side rejected the creditors’ latest offer and instead called for a referendum on July 5 to let the Greek people decide on the matter.

The creditors’ demands included pension reforms, military expenditure cuts and the privatization of regional airports, according to media sources.’

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