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Eurogroup to Wait for Greek Referendum Before More Talks: Slovakia

Eurogroup to Wait for Greek Referendum Before More Talks: Slovakia

Brussel: Eurozone finance ministers agreed Wednesday to wait for the result of Greece's controversial bailout referendum before holding any more discussions on Athens's debt crisis, Slovakia said.

"Eurogroup united in decision to wait for the outcome of the Greece referendum before any further talks," Slovakian Finance Minister Peter Kazimir tweeted after a conference call with colleagues.

"Let's not put the cart before the horse."

Greece on Tuesday made a last-minute proposal for a third bailout worth nearly 30 billion euros to follow the two rescue programmes worth 240 billion euros that cash-strapped Athens has received since 2010.

Prime Minister Alexis Tsipras also agreed to EU reform suggestions, with some concessions, but in a TV address Wednesday he said the bailout referendum scheduled for Sunday would go ahead and urged people to vote 'No'.

He said that would allow the Greek government to return to the table and negotiate better terms.

But European leaders have given a cool reception to that notion.

EU president Donald Tusk wrote on Twitter: "Europe wants to help Greece. But cannot help anyone against their own will. Let's wait for the results of the Greek referendum."

Kazimir wrote that he did not expect "any breakthrough decisions" on Greece earlier on Wednesday.

"A breakthrough could be: Greek government advocating for clear Yes in the referendum, change of questions, or scrap the whole thing," he added on Twitter.