Greece's parliament voted early Sunday to approve Prime Minister Alexis Tsipras' proposed July 5 referendum on whether the nation should accept the most recent bailout deal proposal from creditors, The New York Times reports.
The vote will come days after Greece's June 30 deadline for repaying a $1.8 billion debt to the International Monetary Fund and the expiration of the bailout program. Eurozone finance ministers rejected Greece's request for a one-month program extension.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Why is the world so divided over plastics?Today's Big Question UN negotiations on first global plastic treaty are at stake, as fossil fuel companies, petrostates and plastic industry work to resist a legal cap on production
-
Temple Mount: the politics of Judaism's holiest siteThe Explainer Latest provocation at religious site with a history of 'perpetual friction' risks violence erupting again
-
Ssh! Secret gardens to visit this summerThe Week Recommends These leafy havens are the perfect place to escape the crowds
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance mergerSpeed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profitsSpeed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new highSpeed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliablespeed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutinySpeed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress codespeed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirementspeed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
