EU leaders: referendum is about euro vs. drachma
Eurogroup Chief Jeroen Dijsselbloem warned that Greece was likely to “have no place in the euro zone” if it voted “no” in Sunday’s referendum.
Eurogroup Chief Jeroen Dijsselbloem warned that Greece was likely to “have no place in the euro zone” if it voted “no” in Sunday’s referendum.
The coordinator of the political negotiation group and Alternate Foreign Minister for International Economic Affairs Euclidis Tsakalotos said that "the lenders' programme would not be voted by SYRIZA and Independent Greeks' deputies and the government would fall, that's why we called a referendum" he explained speaking on Friday to private SKAI TV.
Main opposition party spokesman strongly criticized on Thursday Prime Minister Alexis Tsipras for claiming he’s safeguarding Greece’s dignity, saying he as impoverished the people.
Greece will need substantial debt relief and 50 billion euros in new financing until 2018 in order for its debt to be sustainable, according to an International Monetary Fund (IMF) analysis released on Thursday.