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Greece to hold referendum on lenders’ proposals July 5 - prime minister

The people are to express their attitude to the debt settlement plan the creditors proposed in exchange for a reform program

© AP Photo/Francois Walschaerts

ATHENS, June 27. /TASS/. Greece on July 5 will hold a referendum on the proposals received from the troika of lenders, Prime Minister Alexis Tsipras said on Saturday.

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The people are to express their attitude to the debt settlement plan the creditors proposed in exchange for a reform program.

"We are obliged to respond to the ultimatum on the basis of a sovereign expression of the people’s will," Tsipras said.

He also declared the decision to request postponing for several days the deadline for repaying the 1.6-billion-euro loan to the IMF. The current deadline expires on June 30.

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