The Greek parliament has backed plans for a referendum on international creditors' terms for a new bailout. The 5 July referendum was called by PM Alexis Tsipras, who opposes further budget cuts. He urged voters to deliver a "resounding 'no'" to the package.
Eurozone partners have criticised Greece's referendum announcement, and rejected its request to extend the bailout programme beyond 30 June.
Greece could default on a €1.6bn (£1.1bn) repayment to the International Monetary Fund (IMF) due on that day.
There are fears the country may leave the euro and that its economy may collapse without new bailout funds.
IMF head Christine Lagarde told the BBC that because the European part of Greece's bailout programme would have expired by 5 July, any referendum would relate to "proposals and arrangements which are no longer valid".
Meanwhile, queues have formed in Greece outside banks in the past few days amid concerns that the central bank might start restricting withdrawals.
bbc
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