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Brussels Could Provide Athens With Emergency Loans - EU Parliament Head

© REUTERS / Yannis BehrakisProtesters wave Greek and EU flags during a pro-Euro rally in front of the parliament building, in Athens, Greece, June 30, 2015
Protesters wave Greek and EU flags during a pro-Euro rally in front of the parliament building, in Athens, Greece, June 30, 2015 - Sputnik International
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The European Union would not abandon the Greek people regardless of the results of the Sunday referendum, Martin Schulz said.

A man casts his vote at a polling station in the northern Greek port city of Thessaloniki, Sunday, July 5, 2015 - Sputnik International
#Greferendum: Greeks Voting on Austerity Terms Proposed by Int'l Creditors
BERLIN (Sputnik) — Brussels may provide Greece with emergency loans for the country to be able to deal with the current economic crisis, European Parliament President Martin Schulz said Sunday.

“Perhaps, we will have to provide Greece with emergency loans [for Athens to be able] to surpass the crisis so that the state services could be kept and low-income people could get the money they need to survive. Brussels will have funds available for this purpose in a short-term period,” Schulz told the German Welt am Sonntag newspaper.

Schulz added that the European Union would not abandon the Greek people in this difficult period regardless of the results of the Sunday referendum.

He said, however, that the last bailout proposal Athens received from international creditors was “already very generous.”

People walk past a YES poster sprayed with a graffiti reading ' NO' refering to upcoming controversial referendum in Athens on July 2, 2015 - Sputnik International
‘No’ Camp Takes Lead in Greek Referendum Poll
On Sunday, Greek voters are taking part in a referendum to determine whether Greece should accept the lenders-proposed bailout plan that envisages serious spending cuts and tax increases.

Greece's overall debt stands at about $350 billion, of which $270 billion is owed to the European Central Bank (ECB), the International Monetary Fund (IMF) and some Eurozone countries.

The country’ leadership, including Prime Minister Alexis Tsipras, find the bailout conditions “humiliating” and urge citizens to vote against the proposals.

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