Greece crisis: No vote would mean Euro exit, warn leaders

June 30, 2015 08:30

European Union leaders have warned Greeks that rejecting creditors' proposals in a snap referendum called for Sunday would mean leaving the euro, the BBC reports.

German Vice Chancellor Sigmar Gabriel said the vote would be "yes or no to the eurozone".

Greek Prime Minister Alexis Tsipras has urged a no vote but insists he wants Greece to stay in the euro. Talks between Greece and its creditors broke down last week, leading to Greek banks having to shut this week, the report says.

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