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Tsipras: Sunday’s referendum is not a vote on whether to remain in the euro

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Greek Prime Minister Alexis Tsipras, in a televised address to the nation, has called on voters to reject creditors' proposals for more austerity in return for rescue loans.

He said Friday that Sunday's referendum is not a vote on whether Greece will remain in the euro. Tsipras backs Greek remaining in the 19-nation eurozone.

Tsipras also said an International Monetary Fund report released Thursday that says Greece needs debt relief "fully justifies" Athens' position that Greeces debt load is unsustainable. The Greek leader said Friday it was pointless to keep imposing harsh spending cuts on salaries and pensions just to continue servicing an unsustainable debt.

Speaking on the last day of campaigning before a referendum Sunday on the creditors' demands, the prime minister urged Greeks to vote "no to ultimatums, divisions and fear." [AP]