DHAKA: Eurozone finance ministers have ruled out any further talks on a fresh bailout for Greece until the country holds its referendum on Sunday.

Greeks will be asked to accept or reject proposals made by creditors last week, with Prime Minister Alexis Tsipras urging a ‘No’ vote.

Finance Minister Yanis Varoufakis accused the creditors of blackmail.

But he pledged a deal would be reached soon after the vote and that current limits on bank withdrawals would ease.

Earlier on Wednesday Tsipras put new proposals to eurozone partners, accepting most of what was on the table before talks with creditors collapsed last week, but with conditions.

His latest offer is tied explicitly to agreement on a request for a third bailout from the eurozone’s bailout fund lasting two years and amounting to €29.1bn, reports the BBC.

BDST: 1200 HRS, JULY 02, 2015
RR