The Greek government denied Tuesday a local newspaper report that it will push for a referendum on Greece's exit from the Eurozone as the country struggles against a debt crisis.

"There are no thoughts whatsoever on this (referendum)," Greek government spokesman Ilias Mosialos said in a statement, according to EUObserver.com. "It's a no-go area for us. We are members of the euro and this is not going to be put to a referendum."

The news of the plebiscite being mulled by Prime Minister George Papandreou appeared on the website of the Kathimerini English language newspaper. Papandreou is considering the option amid pressure from foreign creditors to cut the government's budget and daily street protests against austerity measures.

The intention of the referendum is to give Papandreou's Socialist government fresh mandate to continue the austerity drive imposed by international lenders, according to Kathimerini.

A Greek government source claimed that the report might have confused a different plebiscite bill presented to the parliament on Monday. The referendum bill proposed in June was on structural adjustment, state reforms that exclude the debt crisis issue.

Credit ratings agency Fitch said Greece will not leave the Eurozone even if it defaults on its debts.

"Concerns over the risk of a break-up of the Eurozone are greatly exaggerated," David Riley, Fitch's head of global sovereign ratings, said in a news release, according to Reuters.

The heads of the European Union (EU), the European Central Bank (ECB) and International Monetary Fund are assessing if Greece is meeting targets they imposed in exchange for a huge bailout loan.