Greek referendum

A "No" vote in the Greek referendum on bailout terms would not provide Greece with an easy way out of its economic crisis, the head of the grouping of eurozone finance ministers has said. Jeroen Dijsselbloem's comments came after Greek Prime Minister Alexis Tsipras told Greeks a "No" vote would lead to a "better agreement". But Mr Dijsselbloem insisted that suggestion was "simply wrong". Long queues of pensioners have formed outside Greek banks for a second day. Follow the latest updates Meanwhile, the International Monetary Fund (IMF) has issued a report saying that the embattled country needs an extra 50bn euros ($55bn) over the next three years to stabilise its finances under the existing, disputed creditor plans. In the report, the IMF cuts its forecast for Greek economic growth this year from 2.5% to zero, saying that changes in Greek policies and its financial outlook since early 2015 "have resulted in a substantial increase in financing needs".