ATHENS--Greece's international creditors will offer a better proposal after Greeks vote a "thunderous no" in next Sunday's referendum, Alternate Minister of Administrative Reform George Katrougkalos said early Monday.
"It is obvious that the creditors are trying by putting pressure to cancel or affect the outcome of the referendum," Mr. Katrougkalos said after a cabinet meeting.
Prime Minister Alexis Tsipras called a July 5 referendum for Greeks to decide whether to accept a bailout deal offered by international creditors.
Greece will keep its banks closed on Monday in a bid to prevent its banking system from collapsing, a bank official said, after the European Central Bank moved to cap the amount of emergency loans it provides for the country's cash-strapped lenders.
Write to Nektaria Stamouli at Nektaria.Stamouli@wsj.com
(END) Dow Jones Newswires
June 28, 2015 19:38 ET (23:38 GMT)
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