Eurozone finance ministers rejected Greece's request for a one-month extension on a bailout deal on Saturday, The Wall Street Journal reports. Greek Prime Minister Alexis Tsipras had asked for the extension past the June 30 deadline so he could hold a public referendum July 5.
Finland finance chief Alexander Stubb called an extension "out of the question." Eurozone leaders are discussing new alternatives for the bailout to avoid a Greek default.
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