Greece Will Proceed With Referendum As Planned: WSJ

By Joseph AdinolfiMarketWatch Pulse

Greece will proceed with its Sunday referendum as expected, according to a Wall Street Journal report, after the country's international creditors rejected a new proposal for budget cuts and policy overhauls on Wednesday. A senior Greek government officials said negotiations will continue next week after the vote. A second official told The Wall Street Journal the government isn't planning on submitting any new proposals on Wednesday.

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