Greece wants to continue debt talks based on its proposals

June 27, 2015 07:10 pm | Updated November 16, 2021 04:56 pm IST - Athens

Greece wants to continue negotiations for a cash-for-reforms deal with its creditors based on the proposals it has submitted, which the government believes are the best basis for talks, a Greek government official said on Saturday.

Greek Prime Minister Alexis Tsipras has called a referendum on austerity demands from foreign creditors, rejecting an "ultimatum" from lenders and putting a deal that could determine Greece's future in Europe to a popular vote.

The surprise move prompted Germany's finance minister to say that Greece had effectively ended negotiations and that there was no basis for further discussions with Athens.

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