27 Jun '15, 4pm

Greece debt crisis: Eurozone refuses bailout extension will #bitcoin turn a crisis into a moon?

Greece debt crisis: Eurozone refuses bailout extension will #bitcoin turn a crisis into a moon?

Greeks have been queuing to withdraw cash Eurozone finance ministers have rejected a Greek request to extend a bailout programme beyond 30 June. A Eurogroup statement said Greece had broken off negotiations over a new bailout deal "unilaterally". Late on Friday, Greek PM Alexis Tsipras called a surprise referendum for 5 July over the terms of any new deal. Greece has to pay €1.6bn (£1.1bn) to the IMF on 30 June. Without new funds, there are fears Greece may leave the euro and its economy may collapse. Greek Finance Minister Yanis Varoufakis said Greece would still try to secure a bailout deal that could then be put to a referendum. "In these crucial moments, the Greek government is fighting for there to be a last-minute deal by Tuesday," he said. The Greek parliament is due to vote later on whether to ratify the referendum. Addressing MPs just before the vote, Mr Tsipras u...

Full article: http://www.bbc.com/news/world-europe-33300543

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